pensionpolicyinternational.com (14.03.2023) China is planning to raise its retirement age gradually and in phases to cope with the country’s rapidly aging population, the state-backed Global Times said on Tuesday, citing a senior expert from China’s Ministry of Human Resources. Jin Weigang, president of the Chinese Academy of Labor and Social Security Sciences, said China was eyeing a “progressive, flexible and differentiated path to raising the retirement age”, meaning that it would be delayed initially by a few months, which would be subsequently increased.
The Japan Times (05.03.2023) China’s population decline, which the Chinese government officially confirmed in January, has led many observers to wonder if the country’s current demographic trends threaten its stability.
Pension Policy International (08.02.2023) China is planning to offer free fertility treatment to citizens under its national insurance scheme in a bid to reverse its plummeting birth rate. The National Healthcare Security Administration said on Friday it would extend its coverage to help shoulder the costs for families trying to conceive. It said the new coverage would include assisted reproductive technology (ART) techniques and also cover labor analgesia to ease pain in childbirth. The most commonly performed ART procedure is in vitro fertilization (IVF).
East Asia Forum (18.01.2023) China has translated its economic development into improved social welfare. China’s quest for Universal Health Coverage (UHC) for all while lifting 800 million people out of poverty is an example. Its experience in healthcare development provides transferrable lessons for developing countries in making progress towards UHC.
vidhilegalpolicy.in (22.09.2022) Many governments now use digital technology for means testing. For instance, the US uses an Income Eligibility Verification System that links several databases to verify beneficiary income. It also uses a Prisoner Verification System linked to prisoners’ databases to exclude prisoners from benefits.
Global Times (21.04.2022) China will soon start a new era of "private pensions" with the imminent implementation of a relevant mechanism, according to a report by the Shanghai Securities News published on Wednesday. The new mechanism, which is characterized by policy support from the government, voluntary participation and market-oriented operations, will be an important transformation of the current pension system that has a basic pension insurance and a corporate pension.
World Economic Forum (17.05.2022) China is a rapidly graying country with those aged 60 or above reaching 267 million or 18.9% of the total population, and this may rise to one-third of the population before 2050. Welfare reform must work in tandem with social policy so as to make active aging an integral part of economic growth, linking health to wealth and common prosperity. Healthcare, labour reskilling and gender parity are three areas of focus for domestic policy to solve the challenges of China’s aging population.
Xinhua (21.02.2022) China's State Council has released a plan for the development of the country's elderly care services system during the 14th Five-Year Plan period (2021-2025), in its latest step to implement a national strategy to address population aging. The plan specifies major goals and tasks for the five-year period, including expanding the supply of elderly care services, improving the health support mechanism for the elderly, and advancing the innovative and integrated development of service models.