Weak consumption, an aging population and an exodus of personal wealth from the country put China on a perilous path.

China’s Labor Law landscape saw major reforms in 2024, including a phased increase in the retirement age, adjustments to pension contributions, and relaxed compliance requirements for cross-border HR ...

China’s pension system, known as the Old-age Insurance System, covers pensions, illness coverage, work injury benefits, and maternity support. It has two pillars: a basic pension system and ...

At the heart of this looming crisis is China’s pension system, which was originally designed to support retirees but now struggles under the weight of demographic and economic changes. The system, ...

Still, China’s state-led basic pension system is under significant financial pressure. About one-third of China’s provincial-level jurisdictions are running pension deficits. China’s Academy ...

The reason why such low income levels could coexist with such high life expectancies during those three decades was mainly due to efforts in three aspects, namely, the three-level medical preventive ...

BEIJING - China saw a growing number of qualified fund sales agencies to cater to the wealth management demands of clients ...

As per data released by Ministry of Civil Affairs, only 6.1 million couples registered their marriages last year, a ...

With the expansion of its personal pension program in December, China is trying to encourage savers to increase their thus-far paltry contributions and put more of their money into investments ...

China’s pension system faces an imminent funding shortage as aging accelerates, birth rates drop and more young people suspend monthly contributions to the state-led “basic pension” plan ...