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EMPLOYEE BENEFITS
12 Months Ended
Dec. 31, 2019
Disclosure of defined benefit plans [abstract]  
EMPLOYEE BENEFITS

12.

EMPLOYEE BENEFITS


The Group’s employee benefits from continuing operations comprise the following:


 

 

Year Ended December 31,

 

 

 

2017

 

 

2018

 

 

2019

 

 

2019

 

 

 

CNY

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wages, salaries and allowances

 

 

566

 

 

 

1,513

 

 

 

1,460

 

 

 

210

 

Housing funds (a)

 

 

33

 

 

 

67

 

 

 

38

 

 

 

6

 

Contribution to pension plans (a)

 

 

79

 

 

 

76

 

 

 

166

 

 

 

24

 

Welfare and other expenses

 

 

19

 

 

 

222

 

 

 

69

 

 

 

10

 

 

 

 

697

 

 

 

1,878

 

 

 

1,733

 

 

 

250

 

———————

(a)

According to the PRC state regulations, the employees of the Group's subsidiaries which operate in Mainland China are required to participate in a central pension scheme operated by the local municipal government and government-sponsored housing funds. These subsidiaries are required to contribute a certain percentage of their payroll costs for those qualified urban employees to the central pension scheme as well as the housing funds.