The development of labour and social security in China has been reviewed in this book from the following four aspects，i.e.，employment，social security，labour relations and corporate wage distribution in 2014. Last year，in terms of employment：The total employment has been slightly increased，employment structure been improved，the overall employment witnessed a stable performance，occupational capacity building obtained new progress. The institutional environment，which enables the market to play a determinant role in allocating labour resources，has been further improved. In terms of social security：The coverage of the social insurance system，social insurance funds size and social insurance benefit level has been increasingly extended and/or increased. Social insurance operating and service delivery capability improved. In terms of labour relations：Labour contract system has been implemented thoroughly. Collective bargaining and collective contract system has been steadily pushed forward. Labour dispute settlement mechanism and the effect & effectiveness of labour inspection has been further improved. In terms of wages and income distribution：wages for the urban workers and rural-to-urban migrant workers have been increased continuously. Minimum wage has been increased in a majority of provinces over China. Breakthrough has been made on the wage and compensation system reform for managers working with the state-owned key enterprises. In addition，labour and social security institutional development has been pushed forward as before，which has ensured the development of labour and social security undertaking in a scientific and well regulated way. In this book，in-depth analysis has also been made on the situation，problems and challenges faced by the Chinese labour and social security undertaking in the current context of economic new normal. And the overall objectives and main mission of the undertaking in the near future has been covered. Policy recommendations have been put forward on how to further facilitate the development of Chinese labour and social security undertaking on a research basis.