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 ...
Xi says, "The road ahead will not be smooth, there will definitely be difficulties and obstacles, and we may encounter major ...
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 increase – the first such adjustment since the 1950s – means the nation’s comparatively low retirement age will go ...
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 ...
Additionally, it noted that weaker growth and rising age-related spending pressures could put greater strain on public ...
More than a fifth of Chinese people are now aged 60 and over. With more families feeling the strains of caregiving, the ...
Longer life expectancy and insufficient retirement savings have sparked the minimum retirement age debate yet again. However, ...
China’s recent announcement to gradually increase the retirement age over the next 15 years marks a significant shift in its social policy landscape.