Old and young, Chinese vent anger at move to raise retirement age
4 years, 4 months ago

Old and young, Chinese vent anger at move to raise retirement age

Al Jazeera  

China’s retirement age, among the world’s lowest, has remained unchanged for more than 40 years at 60 for men and 55 for women white-collar workers. China’s retirement age has remained unchanged for more than four decades at 60 for men and 55 for female white-collar workers, even as life-expectancy has risen. As a result, China’s leaders will have no option but to increase the pension age during the next five-year plan that begins in 2021, said Wang Feng, a demographer at the University of California, Irvine. China’s Ministry of Human Resources and Social Security, which oversees pensions, included a recommendation for raising the retirement age during the current five-year plan period through 2020, but it wasn’t implemented.

Retirement China Pension Age Men Retirement Age  women  age  men  60  chinese  pension  increase  old  workers  plan  young  raise  chinas  vent  retirement  anger

History of this topic

Demographic lessons to boost development
2 weeks ago

Demographic lessons to boost development

China Daily  

SHI YU/CHINA DAILY China faces significant challenges in sustaining its economic growth, prominent among which is the demographic issue, particularly a declining population and population aging. Developing smart eldercare solutions, such as robotic assistants, AI-driven healthcare monitoring systems and telemedicine platforms, could improve the quality of elderly people's lives as well as create new economic growth channels. To improve eldercare, …

China’s population falls for a third straight year, posing challenges for its government and economy
2 months, 2 weeks ago

China’s population falls for a third straight year, posing challenges for its government and economy

Associated Press  

TAIPEI, Taiwan — China’s population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world’s second most populous nation, which is now facing both an aging population and an emerging shortage of working age people. After the end of the Cultural Revolution and leader Mao Zedong’s death, Communist bureaucrats began …

China's population shrinks for 3rd straight year, posing threat to economy
Trending News
2 months, 2 weeks ago

China's population shrinks for 3rd straight year, posing threat to economy

India Today  

China’s population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world’s second most populous nation, which is now facing both an ageing population and an emerging shortage of working age people. After the end of the Cultural Revolution and leader Mao Zedong’s death, Communist bureaucrats began to worry the …

Older workers may keep jobs a little longer
2 months, 4 weeks ago

Older workers may keep jobs a little longer

China Daily  

Xu Qiusheng, an 81-year-old village doctor, checks his medicine box in Yangfang village, Jiangxi province, on Jan 16. WAN XIANG/XINHUA China is prioritizing protecting the rights of elderly workers and respecting their willingness to work as it began gradually raising the statutory retirement age on Wednesday. According to that decision, from Wednesday, male workers age 60 and female workers age …

Older workers may keep jobs a little longer
2 months, 4 weeks ago

Older workers may keep jobs a little longer

China Daily  

Xu Qiusheng, an 81-year-old village doctor, checks his medicine box in Yangfang village, Jiangxi province, on Jan 16. WAN XIANG/XINHUA China is prioritizing protecting the rights of elderly workers and respecting their willingness to work as it began gradually raising the statutory retirement age on Wednesday. According to that decision, from Wednesday, male workers age 60 and female workers age …

By raising the retirement age, has China created a care crisis?
4 months, 1 week ago

By raising the retirement age, has China created a care crisis?

Live Mint  

CHINA’S PENSIONS are underfunded and its population is getting older. So the government’s recent decision to raise the retirement age for state pensions seemed overdue. So raising the retirement age risks creating a child-care deficit, which may affect the decisions of young women. In a study published last year, Jing Zhang of Erasmus University in Rotterdam found that women who …

China to create TV shows and films that promote ‘childbearing culture’
5 months ago

China to create TV shows and films that promote ‘childbearing culture’

The Telegraph  

Beijing enforced a “one-child” policy until 2015 that limited couples to just one offspring. However, the longstanding one-child policy left a deep impression on China’s culture that has been difficult to shake, and birth rates have remained depressed. China’s birth rate fell to a record low in 2023 and the population shrunk for the second year in a row. UN …

Raising Retirement Age in China: Balancing Economic and Social Concerns
5 months ago

Raising Retirement Age in China: Balancing Economic and Social Concerns

China Daily  

China's aging population and low birth rate problem require addressing through raising the retirement age. The government has decided to gradually raise the retirement age from 60 to 63 for men and 50-55 for women, starting in 2025. This measure is intended to ensure a healthy supply of labor, ease the pressure on pension funds, and promote long-term growth. However, …

Raising Retirement Age in China: A Balancing Act Between Economic and Social Concerns
Trending News
5 months ago

Raising Retirement Age in China: A Balancing Act Between Economic and Social Concerns

China Daily  

China's aging population and low birth rate problem require a multifaceted approach to address the declining working-age population. Two key solutions are to introduce robots and AI technology to cope with the declining working-age population due to the low birth rate, or raise the retirement age to ease the pressure on pension funds and enhance old-age security.

A necessary and pragmatic reform
5 months, 2 weeks ago

A necessary and pragmatic reform

China Daily  

MA XUEJING/CHINA DAILY With China entering the era of rapidly rising aging population, raising the retirement age has become a priority issue for the country. Raising the retirement age according to gender and role: Over a 15-year period, starting in 2025, the government will raise the retirement age of men from 60 to 63 years and women blue-collar workers and …

Chinese premier stresses advancing reform on raising retirement age
6 months, 1 week ago

Chinese premier stresses advancing reform on raising retirement age

China Daily  

Chinese Premier Li Qiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, speaks while attending a State Council meeting on mobilizing efforts for the reform on gradually raising statutory retirement age in Beijing, capital of China, Sept 19, 2024. BEIJING -- Chinese Premier Li Qiang on Thursday called for …

China piles extra work on weary youth to ease pension crisis
6 months, 1 week ago

China piles extra work on weary youth to ease pension crisis

The Hindu  

China's decision to raise the retirement age will give a brief boost to its strained pension system but risks further discouraging weary young workers and cannot arrest long-term demographic decline, experts say. "The pension system is under a lot of strain," said Zhao Litao, a senior research fellow at the National University of Singapore's East Asian Institute. Xiujian Peng, a …

China raises its retirement age to dull the impact of shrinking, aging economy
6 months, 1 week ago

China raises its retirement age to dull the impact of shrinking, aging economy

NPR  

China raises its retirement age to dull the impact of shrinking, aging economy China is to gradually raise the retirement age for its workforce next year. RUWITCH: To help people figure out when they'll be eligible, the government launched a retirement age calculator online. RUWITCH: Since people in China are living, on average, almost twice as long as in the …

China raises its retirement age to dull the impact of a shrinking, aging economy
6 months, 2 weeks ago

China raises its retirement age to dull the impact of a shrinking, aging economy

NPR  

China raises its retirement age to dull the impact of a shrinking, aging economy China is to "gradually raise" the retirement age for its workforce next year. RUWITCH: To help people figure out when they'll be eligible, the government launched a retirement age calculator online. RUWITCH: Since people in China are living on average almost twice as long as in …

Decision to progressively raise retirement age unveiled
6 months, 2 weeks ago

Decision to progressively raise retirement age unveiled

China Daily  

Older performers dance at an event held by the Beijing Folk Custom Museum to celebrate the Double Ninth Festival in Beijing on Oct 23. China will progressively raise the statutory retirement age in next 15 years starting from 2025, after conducting thorough research of the nation's current population structure and people's health condition, with the move aiming to facilitate more …

Decision to progressively raise retirement age unveiled
6 months, 2 weeks ago

Decision to progressively raise retirement age unveiled

China Daily  

Older performers dance at an event held by the Beijing Folk Custom Museum to celebrate the Double Ninth Festival in Beijing on Oct 23. CHENG GONG/FOR CHINA DAILY China will progressively raise the statutory retirement age in next 15 years starting from 2025, after conducting thorough research of the nation's current population structure and people's health condition, with the move …

Delayed retirement a challenging task
6 months, 2 weeks ago

Delayed retirement a challenging task

China Daily  

JIN DING/CHINA DAILY In a world of complex policy decisions, raising the retirement age in China may look like an easy decision to make. Equally important, given China's rapidly aging population, raising the pension age would enable more older workers to somewhat offset the effects of a shrinking labor force. According to the current pension policy, workers can get pension …

China is raising its retirement age - to 63 years for men, 55 and 58 for women
6 months, 2 weeks ago

China is raising its retirement age - to 63 years for men, 55 and 58 for women

New Indian Express  

China said Friday it would gradually raise its statutory retirement age, as the country grapples with a looming demographic crisis and an ageing population. State news agency Xinhua said top officials in Beijing had decided that "the statutory retirement age for male workers will be gradually extended from the original 60 years to 63 years". For women workers the retirement …

'When can I get my pension?' Disgruntled Chinese process rise in retirement age
6 months, 2 weeks ago

'When can I get my pension?' Disgruntled Chinese process rise in retirement age

New Indian Express  

BEIJING: Chinese employees on Friday began processing the news that they would have to work at least three extra years after officials announced they would raise the country's retirement age from 2025. Officials announced the statutory retirement age for male workers would be raised from 60 to 63. Xinzi said she was also concerned about the current job market, where …

Retirement age raise has mild effect on youths' employment
6 months, 2 weeks ago

Retirement age raise has mild effect on youths' employment

China Daily  

China's progressive campaign of raising the retirement age will bring mild effects to the young generation's employment, and the nation will continue to prioritize the youth's employment to let it grow with reasonable quantity and higher quality, said senior officials. "Postponing the retirement age will be carried out in a steady and modest pace, and positions vacated by the retired …

China announces new retirement ages, plans to foster 'new culture of marriage and child-bearing'
6 months, 2 weeks ago

China announces new retirement ages, plans to foster 'new culture of marriage and child-bearing'

ABC  

China's government has confirmed it will soon begin raising the country's retirement age, which is currently among the youngest in the world's major economies. Beijing takes first steps to raise China's retirement age Photo shows elderly people dance outside In response to an aging population and growing pressure on pensions, the Chinese Communist Party plans to raise the statutory retirement …

China’s policymakers discuss delaying retirement age amid shrinking working population
6 months, 2 weeks ago

China’s policymakers discuss delaying retirement age amid shrinking working population

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chinese policymakers are reviewing plans …

Structural employment challenge prompts retirement age delay
6 months, 2 weeks ago

Structural employment challenge prompts retirement age delay

China Daily  

A senior plays Chinese chess with her grandson at a park in Beijing in May 2021. The Standing Committee of the 14th National People's Congress, China's top legislature, is holding its 11th session in Beijing from Tuesday to Friday, and deliberation on a delayed statutory retirement age is on the agenda. Compared with developed countries, China's statutory retirement age is …

Structural employment challenge prompts retirement age delay
6 months, 2 weeks ago

Structural employment challenge prompts retirement age delay

China Daily  

A senior plays Chinese chess with her grandson at a park in Beijing in May 2021. The Standing Committee of the 14th National People's Congress, China's top legislature, is holding its 11th session in Beijing from Tuesday to Friday, and deliberation on a delayed statutory retirement age is on the agenda. Compared with developed countries, China's statutory retirement age is …

China to raise retirement age to avert pensions crisis
6 months, 3 weeks ago

China to raise retirement age to avert pensions crisis

ABC  

China is set to raise its statutory retirement age, encouraging people to work longer as the country seeks to relieve growing pressure on its pension system. "The retirement age in Canada is 65 and the average life expectancy is over 80 years old," said user Houdawang on the Red social media platform. "In urban China, you have people who want …

Population decline won't hold China back
7 months ago

Population decline won't hold China back

China Daily  

CAI MENG/CHINA DAILY In recent years, a narrative of demographic doom has descended over China. China's shrinking total population and rising graying demographic pose numerous policy challenges that need to be addressed on an urgent basis, as policymakers grapple with issues ranging from falling fertility rates to decisions by many young couples to forgo the skyrocketing expense of raising children, …

China plans 'bigger, stronger' social security fund to aid ageing society
7 months, 1 week ago

China plans 'bigger, stronger' social security fund to aid ageing society

Hindustan Times  

HONG KONG, - China will beef up its 2.88 trillion yuan social security fund, making it "bigger and stronger" to help support its rapidly ageing population as the number of new births and younger workforce to support its seniors shrinks. China plans 'bigger, stronger' social security fund to aid ageing society The National Social Security Fund will "effectively" respond to …

Flexible model needed for raising the retirement age
8 months, 1 week ago

Flexible model needed for raising the retirement age

China Daily  

Older performers dance at an event held by the Beijing Folk Custom Museum to celebrate the Double Ninth Festival in Beijing on Oct 23. CHENG GONG/FOR CHINA DAILY The top authorities have said in a recent resolution issued after a top-level meeting that China will gradually raise the statutory retirement age in a prudent and orderly manner. As one of …

China to allow delayed retirement to combat population woes
8 months, 1 week ago

China to allow delayed retirement to combat population woes

Hindustan Times  

HONG KONG, - China will gradually raise its statutory retirement age, now among the world's lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension budgets, with many provinces already facing deficits. China to allow delayed retirement to combat population woes The reform is urgent with life expectancy having risen in China to 78 …

As China ages, senior citizens see a retirement of striving to get by
1 year ago

As China ages, senior citizens see a retirement of striving to get by

Al Jazeera  

Many elderly Chinese view working beyond retirement age as a necessity as pension system struggles to meet their needs. “I used to think that retirement is more about relaxation and hobbies and less about stress and concerns,” Hao told Al Jazeera from his home in China’s eastern city of Nanjing. “I think it shows that for many people our pension …

Zeenat Aman, Amitabh Bachchan show India needs to revise its outdated working age norms
1 year, 1 month ago

Zeenat Aman, Amitabh Bachchan show India needs to revise its outdated working age norms

Live Mint  

Elderly actors such as Zeenat Aman and Sharmila Tagore, it has been reported, are signing lucrative endorsement deals. Now, if the old norms for retirement age, working age could be updated to reflect all these changes and advancements and be in tune with the times, many more people that aren’t celebrities would have the option to work till well into …

Booming 'silver economy' to bring more benefits to elderly
1 year, 2 months ago

Booming 'silver economy' to bring more benefits to elderly

China Daily  

Elderly women have Laba porridge at an eldercare center in Taizhou, Zhejiang province, on Tuesday. The guideline said that the "silver economy" — economic activities offering products or services for the elderly — has great potential that is yet to be tapped fully because of the large size of the market and diversity of the industries involved. Yang Xiaoqi, a …

Japan’s rapidly ageing population hits concerning milestone
1 year, 6 months ago

Japan’s rapidly ageing population hits concerning milestone

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. For the first time in the country’s history, people …

China would 'get old before it gets rich', say demographers as marriages slump to record low
1 year, 9 months ago

China would 'get old before it gets rich', say demographers as marriages slump to record low

India Today  

Continuing a steady decline over the past decade, marriages in China dropped to the lowest in 2022, local news outlet Yicai reported on Sunday. According to the data published on the website of the Ministry of Civil Affairs, only 6.83 million couples completed their marriage registrations last year, which was down about 8,00,000 from the previous year. Meanwhile, demographers have …

China is aging fast, will retire people late to deal with problem
2 years ago

China is aging fast, will retire people late to deal with problem

Firstpost  

New Delhi: China is planning to raise the retirement age, and the process will be held gradually and in phases as the superpower faces the challenge of rapidly aging population, according to a report by the CCP mouthpiece Global Times. The country was eyeing a “progressive, flexible and differentiated path to raising the retirement age”, and it means that it …

Aging factory: The Hindu Editorial on China’s population decline
2 years, 2 months ago

Aging factory: The Hindu Editorial on China’s population decline

The Hindu  

The last time China’s population saw a decline was in 1961, in the midst of a devastating four-year famine following Mao’s failed “Great Leap Forward” campaign. As a paper from Japan’s Research Institute of Economy, Trade and Industry pointed out, the proportion of child and elderly populations in China as of 2020 was similar to Japan’s in 1990. Moreover, China …

China’s Declining Population Can Still Prosper
55 years, 2 months ago

China’s Declining Population Can Still Prosper

Wired  

Earlier this week, the National Bureau of Statistics in China announced that the Chinese population has decreased for the first time in 60 years. Many people see China’s low fertility and declining population as a threat to its economic prosperity, assuming the labor force will shrink at the same time that social security costs and the number of older dependents …

China's shrinking population brings challenges, such as supporting increasing numbers of elderly, finding enough soliders
2 years, 2 months ago

China's shrinking population brings challenges, such as supporting increasing numbers of elderly, finding enough soliders

ABC  

For seven decades, the Chinese Communist Party has ruled the world's most-populous country, but as the nation's population crests and begins to shrink, experts say it will face challenges, ranging from supporting the elderly to filling the ranks of its military. Key points: The UN estimates China's population will fall from 1.41 billion to about 1.31 billion by 2050 and …

China’s economy is slowing, its population aging. That could make it dangerous
2 years, 6 months ago

China’s economy is slowing, its population aging. That could make it dangerous

LA Times  

Chinese President Xi Jinping. Two foreign policy scholars, Hal Brands of Johns Hopkins and Michael Beckley of Tufts, have offered a frightening thesis: China’s leaders know their power is about to diminish, and that will make them more likely to take risks in the short run — to invade Taiwan, for example. “Countries can muddle along with a great deal …

China population to start declining by 2025: Health commission officials
2 years, 7 months ago

China population to start declining by 2025: Health commission officials

Hindustan Times  

China's population will begin to shrink by 2025, officials have said, as family sizes grow smaller and citizens age. "The growth rate of the total population has slowed down significantly, and it will enter a stage of negative growth in the '14th Five-Year Plan' period," the National Health Commission said Monday, referring to the period between 2021 and 2025. The …

Aged people need special care amid pandemic
2 years, 11 months ago

Aged people need special care amid pandemic

China Daily  

Medical workers help an elder use QR code for nucleic acid test at a community in Shanghai, April 9, 2022. In China, however, the impact of the pandemic has been disproportionately severe on the elderly people due to the rising aging population in the country. China has about 264 million people aged 60 or above and 191 million aged 65 …

Aged people need special care amid pandemic
2 years, 11 months ago

Aged people need special care amid pandemic

China Daily  

Medical workers help an elder use QR code for nucleic acid test at a community in Shanghai, April 9, 2022. In China, however, the impact of the pandemic has been disproportionately severe on the elderly people due to the rising aging population in the country. China has about 264 million people aged 60 or above and 191 million aged 65 …

China faces strains as population ages, birth rate falls
3 years, 9 months ago

China faces strains as population ages, birth rate falls

Associated Press  

BEIJING — Yue Yan is glad to have two daughters but sees why, even with the ruling Communist Party urging them to have more children, fewer Chinese women give birth at all. “If a young couple is busy working and their parents can’t help take care of the children, they will not want kids,” Yue said. “The pressure is just …

China Relaxes Family Planning Rules; Each Couple To Be Allowed 3 Children
3 years, 9 months ago

China Relaxes Family Planning Rules; Each Couple To Be Allowed 3 Children

ABP News  

New Delhi: After a Politburo meeting chaired by President Xi Jinping, China will allow each couple to have up to three children a move taken in a bid to stop the aging population & declining birth rate from disrupting its economic prospects. “Allowing every couple to have three children and implementing related support policies will help improve the population’s structure,” …

Tackling aging problem to improve demographics
3 years, 10 months ago

Tackling aging problem to improve demographics

China Daily  

Zuo Chunxiu, 88, who retired from Zhengzhou Railway Administration, is on her way to her volunteer post as a service worker at Zhengzhou Railway Station in Henan province. And although life expectancy in China is 76.4 years, healthy life expectancy is only 68.7 years, according to official data in 2018, which means many senior citizens are susceptible to illness and …

China records slowest population growth in decades, new census reveals
3 years, 10 months ago

China records slowest population growth in decades, new census reveals

CNN  

Hong Kong CNN Business — China’s population grew at its slowest rate in decades in the 10 years prior to 2020, according to census data released on Tuesday — a trend that could pose serious issues for the world’s second-largest economy. For some time to come, China’s total population will be kept at above 1.4 billion,” he said, adding China …

Dealing with aging society
4 years, 1 month ago

Dealing with aging society

China Daily  

LI MIN/CHINA DAILY Government needs to lead economic and social development to ensure fair distribution of the dividends to the elderly China has made great achievements in building a moderately prosperous society in all respects. Since 2000, the authorities have adjusted the proportions of the social pool and personal accounts, established enterprise annuities, and improved the social endowment system in …

China capable of dealing with problem of aging society
4 years, 4 months ago

China capable of dealing with problem of aging society

China Daily  

An elderly woman plays badminton at Jingshan Park in Beijing on July 20, 2020. At the beginning of this century, 10.3 percent of China's population was aged 60 or above with 7 percent being 65 or above, both meeting the UN standard of 10 percent and 7 percent for a country to be considered an aging society. Despite the fact …

Nation's millennials warm to retirement planning
4 years, 6 months ago

Nation's millennials warm to retirement planning

China Daily  

A customer deposits cash at a bank in Haian, Jiangsu province. Daisy Ho, head of the China operations at Fidelity International, said typically most of the younger generation in the country start saving at the age of 30 and are now on average setting aside 1,334 yuan every month for their retirement finances compared with 994 yuan every month a …

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