On May 19, 2017, during the G20 Employment Ministers meeting in Germany, Chinese Minister for Human Resources and Social Security, Mr. Yin Weimin, and Spanish Minister for Employment and Social Security, Ms. Fátima Báñez, signed the long-awaited social security bilateral agreement between China and Spain (the “Bilateral Agreement”).

Negotiations started in 2011 and concluded after two rounds of meetings in Madrid and Beijing. Once the Bilateral Agreement completes the necessary legal procedures in both signing countries and takes effect, it will be added to the list of China’s bilateral social security agreements comprising Canada, Denmark, Finland, France, Germany, the Netherlands, South Korea and Switzerland.

The specific contents have still not been disclosed. We will provide further details once the Bilateral Agreement’s text is published.