China is aging fast, will retire people late to deal with problem
1 year, 9 months 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 would be delayed initially by a few months, said Jin Weigang, president of the Chinese Academy of Labor and Social Security Sciences, reported Reuters. “People nearing retirement age will only have to delay retirement for several months,” said Jin, according to the Global Times. He added, “The most important feature of the reform is allowing people to choose when to retire according to their circumstances and conditions.” Current retirement data The change is yet to be announced formally.

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History of this topic

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

Chinese millennials struggle with age discrimination due to the 'curse of 35'
1 month, 2 weeks ago

Chinese millennials struggle with age discrimination due to the 'curse of 35'

ABC  

Emily thought she could do one job for life, but then she turned 35. Like many others in the same situation, she blamed China's "curse of 35" — a phenomenon of age discrimination driven by employers looking for younger and cheaper workers. Yang Zou, a 29-year-old working at a Beijing tech firm, agreed workers often felt vulnerable around 35, but …

China to create TV shows and films that promote ‘childbearing culture’
1 month, 3 weeks 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
1 month, 4 weeks 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
1 month, 4 weeks 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
2 months, 1 week 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
3 months 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
3 months 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
3 months 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
3 months, 1 week 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
3 months, 1 week 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
3 months, 1 week 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
3 months, 1 week 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
3 months, 1 week 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
3 months, 1 week 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
3 months, 1 week 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 …

Structural employment challenge prompts retirement age delay
3 months, 1 week 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
3 months, 1 week 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
3 months, 2 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
3 months, 4 weeks 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
4 months 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 …

Aging population spurs spate of new caring professions
4 months, 1 week ago

Aging population spurs spate of new caring professions

China Daily  

Photo taken with a mobile phone shows a senior resident getting into a "Bath Express" vehicle with the help of bath assistants in Southwest China's Chongqing, Sept 27, 2022. With the number of elderly people rising, China is witnessing an increase in the number of new professions in the expanding elderly care sector. In Shanghai, which has one of the …

Flexible model needed for raising the retirement age
5 months 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
5 months 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
9 months 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
10 months, 3 weeks 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 …

China's population declines for 2nd year in a row, and so has its workforce; surge seen in elderly people
11 months, 1 week ago

China's population declines for 2nd year in a row, and so has its workforce; surge seen in elderly people

Hindustan Times  

China has reported a downward trend in its population growth for the second consecutive time in 2023, giving rise to its deepening demographic challenge, which is likely to burden its economy – the second largest in the world. The birth rate saw a record drop of 6.39 births per 1,000 people from 6.77 a year earlier. According to China's National …

Booming 'silver economy' to bring more benefits to elderly
11 months, 1 week 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 …

Forum discusses challenges, opportunities of aging China
1 year, 2 months ago

Forum discusses challenges, opportunities of aging China

China Daily  

Dignitaries engage in discussions. Experts offered their insights and solutions to tackle China's growing aging population, addressing the existing challenges in elderly care at a forum in Shaanxi province on Sunday. “The question is how to transform this problem into an opportunity and a driving force.” Just a day before the Double Ninth Festival celebrated for elderly people, the forum …

China would 'get old before it gets rich', say demographers as marriages slump to record low
1 year, 6 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 …

Aging factory: The Hindu Editorial on China’s population decline
1 year, 11 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 population to start declining by 2025: Health commission officials
2 years, 4 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, 7 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, 7 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 Relaxes Family Planning Rules; Each Couple To Be Allowed 3 Children
3 years, 6 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, 7 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 capable of dealing with problem of aging society
4 years, 1 month 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 …

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