Photo by Sun Yidou/For China Daily] With increasing policy support and market innovation, a more diversified and vital ...
An undated photo shows an elderly woman dining at a nursing home in Hangzhou, East China's Zhejiang province. [Photo by Sun Yidou/For China Daily] With increasing policy support and market ...
Citing a government think tank report on the financial sustainability of China's basic pension system, Lou warned that if the current payment rate remains unchanged, the state pension fund for ...
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 ...
China’s aging population is placing significant pressure on its current pension system as the number of retirees grows while the number of contributing workers declines. Private pensions have ...
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(3) The pension system will run out of money in about 11 years. (4) The one-child policy helped balance China’s ageing population. blue-collar workers: people who work in manual labour or ...
The report confirms long-standing concerns among the general public, especially among younger people, that China’s state pension system is financially unsustainable and highlights a major ...
ASTANA – Kazakhstan climbed to 26th place among 71 pension systems in the Allianz Pension Index (API), surpassing Austria, ...
BEIJING, March 5 (Xinhua) -- The General Office of the State Council has issued guidelines to accelerate efforts to build China into a country with a strong financial sector and promote development in ...