Foreign employees in Shanghai soaring

Statistics from Shanghai's Labor and social Security Bureau show that in recent years almost 60,000 foreigners gained employment permission, and about 32,000 are currently employed, China Radio International reported Saturday.

The ranking of foreign employees in Shanghai has increased becoming an important source of tax revenue. Statistics from Shanghai's Labor and social Security Bureau show that in recent years almost 60,000 foreigners gained employment permission, and about 32,000 are currently employed.

Statistics show that the number of foreign employees in Shanghai had been increasing every year. The number of employees doubled in 2002 compared with the previous year. Numbers increased by about another 28 per cent in 2003. About a year ago more than 11,000 employment permissions had been granted. This was more than the total for 2003.

Rising foreign employees created more tax for the city. Statistics from Shanghai taxation department showed that the city received 1.6 billlion yuan in personal income tax from 110,000 foreign employees in the first half (of what), rising almost 38 per cent over the corresponding period of the previous year, accounting for about 14-point-5 percent of the city's total.

Among the 102 countries from where foreign employees came, the top ten are: Japan, the United States, the ROK, Singapore, Germany, Malaysia, Canada, France, Australia, and Britain. Japanese employees account for 33.7 percent, American 11.5 percent and Korean 8.7 percent.

Source: CRI



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