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 years by 2021, from about 44 years in 1960, outstripping the United States, and projected to exceed 80 years by 2050. "In line with the principle of voluntary participation with appropriate flexibility, we will advance reform to gradually raise the statutory retirement age in a prudent and orderly manner," the authorities said. Policymakers had said during the last two years they aimed to raise the age of retirement, but the change will be the first time that workers are able to choose to continue working.

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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 …

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.

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, …

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 …

Age limit: Have we hit a ceiling for longevity? Not so fast, some experts say
2 months, 1 week ago

Age limit: Have we hit a ceiling for longevity? Not so fast, some experts say

Salon  

For as long as humans have been aware of their mortality, the question of whether a limit exists to the maximum age we can reach has followed. However, a new study published this week in Nature Aging says that this upward trend is curbing and boldly states that “humanity’s battle for a long life has largely been accomplished.” Using data …

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. 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 …

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 …

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 …

'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 …

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 …

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 …

China improves health services for elderly unable to care for themselves
4 months, 1 week ago

China improves health services for elderly unable to care for themselves

China Daily  

BEIJING -- China's National Health Commission and the National Administration of Traditional Chinese Medicine have decided to launch a campaign for 2024-2027, aiming to improve necessary medical and health services for the elderly who are unable to take care of themselves. A circular has been issued requiring eligible medical and health institutions, principally grassroots institutions, as well as nurseries and …

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 …

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 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 …

China: Economic decline, COVID-19 may have reduced population in 2023
11 months, 2 weeks ago

China: Economic decline, COVID-19 may have reduced population in 2023

Firstpost  

After the country abruptly ended severe lockdowns, there was likely a spike in COVID-related deaths in 2023, which caused China’s population to decline for a second consecutive year. Since Beijing abruptly lifted prohibitions in December 2022, the COVID-19 virus spread throughout China’s 1.41 billion people early last year, and demographers predict a substantial increase in the country’s death toll. The …

Firm course charted for modernization
1 year, 6 months ago

Firm course charted for modernization

China Daily  

Fresh model to counter low birthrate, aging population China's new demographic development model, which prioritizes improving the overall quality of people's lives and the workforce, will help propel modernization, officials and experts said. At the first meeting of the 20th Communist Party of China Central Committee's Commission for Financial and Economic Affairs early last month, President Xi Jinping stressed that …

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 …

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 …

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 …

每日一词∣人均预期寿命 average life expectancy
4 years, 1 month ago

每日一词∣人均预期寿命 average life expectancy

China Daily  

根据国家卫健委发布的统计公报，2019年我国居民人均预期寿命达到77.3岁，比2015年提高0.96岁。人均预期寿命的延长见证了“十三五”时期我国医疗卫生体系的不断提升。 Average life expectancy reached 77.3 years in China in 2019. The increase in China's average life expectancy, as seen in a statistical report from the National Health Commission, shows the steady improvement of China's medical and health system during the country's 13th Five-Year Plan period. 2020年8月19日，老年人在北京天坛公园练习太极扇。（图片来源：新华社） 【知识点】 人均预期寿命，指某年某地区新出生的婴儿预期存活的平均年数。它是衡量一个国家或地区现阶段经济社会发展水平和医疗卫生服务水平的综合指标。 孕产妇死亡率和婴儿死亡率是影响人均预期寿命的重要因素。“十三五”期间，国家启动实施了妇幼健康保障工程，2016-2019年，中央下达预算内投资100.5亿元，支持594个妇幼保健机构建设，投资规模较“十二五”时期明显提高，项目地区妇幼保健机构基础设施明显改善，服务能力显著提升，形象面貌焕然一新。 全民医疗保障是人均预期寿命提高的另一重要因素。“十三五”期间，我国基本医疗保险参保覆盖率稳定在95%以上。截至2019年底，我国参保人数超过13.5亿人。2020年，人均财政补助标准已达到550元以上，个人缴费280元，基本实现看病就医有制度保障。 【重要讲话】 人民健康是社会文明进步的基础，是民族昌盛和国家富强的重要标志，要把人民健康放在优先发展战略地位。 The people's health is the foundation of …

每日一词∣人均预期寿命 average life expectancy
4 years, 1 month ago

每日一词∣人均预期寿命 average life expectancy

China Daily  

根据国家卫健委发布的统计公报，2019年我国居民人均预期寿命达到77.3岁，比2015年提高0.96岁。人均预期寿命的延长见证了“十三五”时期我国医疗卫生体系的不断提升。 Average life expectancy reached 77.3 years in China in 2019. The increase in China's average life expectancy, as seen in a statistical report from the National Health Commission, shows the steady improvement of China's medical and health system during the country's 13th Five-Year Plan period. 2020年8月19日，老年人在北京天坛公园练习太极扇。（图片来源：新华社） 【知识点】 人均预期寿命，指某年某地区新出生的婴儿预期存活的平均年数。它是衡量一个国家或地区现阶段经济社会发展水平和医疗卫生服务水平的综合指标。 孕产妇死亡率和婴儿死亡率是影响人均预期寿命的重要因素。“十三五”期间，国家启动实施了妇幼健康保障工程，2016-2019年，中央下达预算内投资100.5亿元，支持594个妇幼保健机构建设，投资规模较“十二五”时期明显提高，项目地区妇幼保健机构基础设施明显改善，服务能力显著提升，形象面貌焕然一新。 全民医疗保障是人均预期寿命提高的另一重要因素。“十三五”期间，我国基本医疗保险参保覆盖率稳定在95%以上。截至2019年底，我国参保人数超过13.5亿人。2020年，人均财政补助标准已达到550元以上，个人缴费280元，基本实现看病就医有制度保障。 【重要讲话】 人民健康是社会文明进步的基础，是民族昌盛和国家富强的重要标志，要把人民健康放在优先发展战略地位。 The people's health is the foundation of …

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