Is it necessary for the employment agreement to be bilingual with the native language taking precedence in China?

In China, employment agreements must be bilingual, written in both English and Chinese.

Can seniority be recognized in employment agreements in China, and if so, in what ways can this be reflected?

In China, seniority can indeed be recognized in employment agreements. Velocity Global China's employment agreement template includes provisions that account for the years of service of transferring employees for both severance and benefits purposes.

Does the Variable Compensation Plan require a local translation in China?

The Variable Compensation Plan does not require a local translation in China.