china

China's retirement age reforms not enough to fix pension headache

Submitted by pmassetti on
reuters (24.09.2024) China's move to raise retirement ages is a starting point to plug gaping pension deficits and bolster a shrinking workforce but more pain lies ahead as the economy slows, making further reforms urgent, say economists and demographers. Aging populations are a global phenomenon, but the issue is particularly stark in China due to the legacy of its one-child-policy, which was in place for three decades and has exacerbated its demographic challenges.
Regions / Country
china
Global challenges
Topics
Pensions
Document Type

China to gradually raise retirement age

Submitted by pmassetti on
Xinhua (13.09.2024) Chinese lawmakers on Friday voted to adopt a decision on gradually raising the statutory retirement age in the country, marking the first adjustment in the arrangement since 1950s. According to the decision adopted at the 11th session of the Standing Committee of the 14th National People's Congress, the statutory retirement age for men will be gradually raised from 60 to 63 in the course of 15 years starting 2025, while that for women cadres and women blue-collar workers will be raised from 55 to 58 and from 50 to 55, respectively.
Regions / Country
china
Topics
Pensions
Document Type

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

Submitted by pmassetti on
Reuters (20.08.2024) China will beef up its 2.88 trillion yuan ($406 billion) 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. The National Social Security Fund will "effectively" respond to population ageing and "improve the policy mechanism for the development of the elderly care industry," the fund's party secretary Ding Xuedong said.
Regions / Country
china
Global challenges
Topics
Pensions
Document Type

New Forms of Employment and Labour Protection in China

Submitted by pmassetti on

ILO Working Paper 103(20.02.2024)  The objective of this paper is to provide a panoramic description and analysis of the diversity of the new forms of employment that have been emerging in China, with the focus on their background, the main types, the status quo of labour rights protection, and the government's responses to the challenges of labour regulations brought by NFE. Finally, on the basis of the above, the paper puts forward corresponding policy recommendations on how to improve workers' protection in new forms of Employment.

Regions / Country
china
Topics
Extension of coverage
Digital plateform workers
Document Type

China’s population: Beijing urged to build digitally inclusive society, as it seeks insights into technical skills of its elderly

Submitted by pmassetti on

South China Morning Post (03.01.2024) Questions for people aged 60 and above were added to a survey on population changes and the labour force, including their ability to use a smartphone. A demographer urged China, one of the world’s fastest ageing countries, to ‘build a digitally inclusive society’, while firms were asked to produce age-friendly products

Regions / Country
china
Global challenges
Topics
Old-age pensions
Digital inclusion
Document Type

Digital labour platforms and national employment policies in China: Studying the case of food delivery platforms

Submitted by pmassetti on

ILO Working paper (Dec 2023) This paper takes food-delivery platforms as a case study in China to examine the impact of digital labour platforms on employment and presents findings in employment structure, employment relations, working conditions, wages, protection of workers and social insurance in the food-delivery sector.

Regions / Country
china
Document Type

China to raise retirement age to deal with aging population

Submitted by pmassetti on

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.

Regions / Country
china
Global challenges
Topics
Pensions
Document Type

China’s big dilemma: What to do about an aging nation

Submitted by pmassetti on

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.

Regions / Country
china
Global challenges
Document Type

China to offer free fertility treatment in bid to boost record low birth rate

Submitted by pmassetti on

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).

Regions / Country
china
Topics
Medical care
Document Type

Drawing lessons from China’s healthcare development

Submitted by pmassetti on

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.

Regions / Country
china
Global challenges
Topics
Health
Document Type