With fewer working age people to support pension systems, Chinese authorities have approved a plan to gradually raise the ...
Raising the statutory retirement age is unlikely to affect employment opportunities for young people, with the country ...
China's move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce ...
BEIJING--Starting next year, China will raise its retirement age for workers, which is now among the youngest in the world's major economies, in an effort to address its shrinking population and ...
China's current retirement ages were set in the 1950s when life expectancy was much lower. Back then, people lived to be ...
China’s increase – the first such adjustment since the 1950s – means the nation’s comparatively low retirement age will go ...
More than a fifth of Chinese people are now aged 60 and over. With more families feeling the strains of caregiving, the ...
Additionally, it noted that weaker growth and rising age-related spending pressures could put greater strain on public ...
As China confronts the challenges of an ageing population, the path forward lies in boosting productivity across all sectors and age groups.
Reactions to this policy shift vary widely. Chinese Gen Zs often tend to make light of serious societal news, turning it into ...
Commemorations were also held in the former UK colony of Hong Kong and Portugal’s former territory of Macao, both of which ...
Longer life expectancy and insufficient retirement savings have sparked the minimum retirement age debate yet again. However, ...