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The redemption of The Accidental Republic: 70 years of Chinese Workers’ Compensation Insurance

Published online by Cambridge University Press:  02 October 2024

Leyao Wang
Affiliation:
School of Emergency Management & Safety Engineering, China University of Mining & Technology-Beijing, Beijing, China
Ninghao Sun
Affiliation:
School of Emergency Management & Safety Engineering, China University of Mining & Technology-Beijing, Beijing, China
Ruipeng Tong*
Affiliation:
School of Emergency Management & Safety Engineering, China University of Mining & Technology-Beijing, Beijing, China
*
Corresponding author: Ruipeng Tong; Email: [email protected]

Abstract

The Accidental Republic is a concern for all industrialised countries, and China is no exception. To solve this problem, Workers’ Compensation Insurance (WCI) is a perfect option. The redemption of The Accidental Republic can be understood through the development of WCI. However, little attention has been paid to the development of Chinese WCI. Starting from labour insurance regulations promulgated in 1951, this research explores over 70 years of reform and development of Chinese WCI, explicitly dividing reforms into three phases – establishment and implementation, exploration and practice, and adaptation and formation – that aligned with stages of China’s economic development. Further, the insurance fund performance in the last decade is evaluated by Data envelopment analysis and Malmquist (DEA-Malmquist), through the static and dynamic results, yielding generally average results. Subsequently, five major problems of WCI are identified and discussed and five suggestions offered drawing on international comparison and the national situation. Lastly, the accidental and inevitable aspects of China’s WCI system during the redemption of The Accidental Republic are summarised.

Type
Original Article
Copyright
© The Author(s), 2024. Published by Cambridge University Press on behalf of The University of New South Wales

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