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EMPLOYEE DEFINED CONTRIBUTION PLAN | 12 Months Ended
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Dec. 31, 2011
EMPLOYEE DEFINED CONTRIBUTION PLAN |
12 | EMPLOYEE DEFINED CONTRIBUTION PLAN
Full time employees of the Group in the PRC participate in a government mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. Chinese labor regulations require that the Group make contributions to the government for these benefits based on certain percentages of the employees’ salaries. The Company has no legal obligation for the benefits beyond the contributions. The total amounts for such employee benefits, which were expensed as incurred, were RMB141.84 million, RMB218.88 million and RMB381.74 million (US$60.65 million) for the years ended December 31, 2009, 2010 and 2011, respectively.

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- Definition The entire disclosure for the government mandated multi-employer defined contribution plan in which full time employees of the Group in the PRC participate and pursuant to which certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. + References No definition available. + Details
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