After a decades-long infrastructure spending spree, many of China’s local governments now find themselves saddled with unsustainable levels of debt and a surplus of vastly ambitious but often underutilized infrastructure...
A shifting tide of demographic policies has brought renewed attention to the status of women’s rights in China. Given the historic plunge in the national birth rate and widespread public skepticism toward the three-child policy,...
A short viral video of a purportedly mentally-ill mother of eight kept chained in an outdoor shed has provoked outrage among Chinese citizens, prompted a criminal investigation, and brought renewed attention to the issues of...
For Reuters, Li Hui and Ben Blanchard report that under a new scheme of “baby hatches”...
As the Party’s Third Plenum approaches, the Pew Research Center’s Jacob Poushter looks...
The Economist details the challenges facing China’s pension system, which has grown considerably in the last several years but still must grapple with a number of structural inefficiencies: Unlike individual accounts in...
From Xinhua via China Daily: The value of China’s social security fund had reached 400 billion yuan (US$53.3 billion) by the end of June this year, said Wang Zhongmin, deputy director of China’s National Council for Social Security Fund (NSSF). The security fund reported a profit rate of 15.2 percent in the first half of […]
From OECD website: China is currently in the process of building the largest pension system in the world, and it is doing this at a time of unparalleled economic and demographic transition. The 11th five-year plan (2006-2011) of the government has put the creation of a “harmonious society” as the ultimate goal of all its […]
From Chinanews.cn: Chinese scholars proposed recently that China should not only delay people’s retirement age to 65 or even older, but also shorten the retirement age gap between male and female. It is learned that the average life expectancy of Chinese people has risen by more than 20 years since the founding of the People’s […]
From China Daily: A 71-year-old vagrant who sought to spend his remaining years in prison has aroused widespread concern over the well-being of China’s 120 million elderly people, particularly the 90 million in rural areas who often fall through the welfare safety net. With no home and no money, Li Zhaokun decided prison was the […]
From The Financial Times: China must urgently address the nation’s looming pension and healthcare crises while government has the financial resources to tackle them, says Zhou Xiaochuan, head of the central bank. Mr Zhou, governor of the People’s Bank of China, called for a mix of private health and pension insurance and cash support for […]
From China Development Brief: When a worker is laid off, are his/her social insurance payments maintained, to ensure that s/he is entitled to future benefits – such as a retirement pension? What agency assumes responsibility for these payments? ZHANG: Yes, the social insurance payments are maintained. The District Bureau of Labour and Social Security will […]
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