Cheap labor has always been the advantage of Chinese companies, but the road to profit from cheap labor will be narrower and narrower. Officials from the Policy Research Office of the Ministry of Commerce said at the Guangzhou Corporate Social Responsibility Forum on the 5th of this month that the Ministry of Commerce has introduced a review procedure for corporate social responsibility in the export quota bidding for six resource-based products such as bauxite and silicon carbide. If a company does not pay social insurance for employees in a timely manner, such as pension, unemployment, medical care, work injury, and childbirth, then the company is not eligible for bidding.
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