With fewer working age people to support pension systems, Chinese authorities have approved a plan to gradually raise the ...
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 move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce ...
China plans to raise the nation’s official retirement age, a policy that addresses the country’s looming demographic and economic challenges. As the U.S. faces the possibility of depleted ...
Raising the statutory retirement age is unlikely to affect employment opportunities for young people, with the country ...
Additionally, it noted that weaker growth and rising age-related spending pressures could put greater strain on public ...
Xi says, "The road ahead will not be smooth, there will definitely be difficulties and obstacles, and we may encounter major ...
More than a fifth of Chinese people are now aged 60 and over. With more families feeling the strains of caregiving, the ...
As China confronts the challenges of an ageing population, the path forward lies in boosting productivity across all sectors and age groups.
Longer life expectancy and insufficient retirement savings have sparked the minimum retirement age debate yet again. However, ...
China’s increase – the first such adjustment since the 1950s – means the nation’s comparatively low retirement age will go ...
The true test for China lies in boosting labour productivity. Raising the retirement age is merely a stopgap for its strained pension system, which is projected to run dry by 2035. Several regions, ...