Willis Towers Watson (23.12.2021) Chinese regions extend maternity leave to address declining birth rates and an aging population, bringing implications for employers.
Asian Development Bank (August 2021) The three-tiered elderly system in the country consists of home-based care as the core support, community-based care as necessary support, and residential care as supplementary support. The main policies and progress of the system are explained, including insights on how the government encourages private sector involvement. A key recommendation of this paper is the need for better integration of residential and home- and community-based care as part of the elderly care system.
caixinglobal.com (17.05.2021) China will soon launch a new pilot program for private pension funds as part of efforts to overhaul its strained system for retirement savings.
gov.cn (26.01.2021)
Considering that the risk of the pandemic still exists, some enterprises may be under great financial pressure, the policy of phased reduction of premium rates of unemployment insurance and work injury insurance will be extended for another year until 30 April 2022.
A video of a 94-year-old grandma being carried to a bank for face recognition to activate her social security card in Guangshui, Central China's Hubei Province, has sparked heated debate on the internet, once again drawing attention to the difficulties elderly people face in using smart technology.
World Economic Forum (14.12.2020) China covers the COVID-19 medical costs for all patients including domestic migrants. The payment structure is part of the country’s “wartime” governance. It also reflects the long-term institutional transformation of the Chinese healthcare system.
(24.11.2020) China is planning to include new measures to encourage more births and address its rapidly aging population as part of its new 2021-2025 “five-year plan”, state media reported on Monday.
South China Morning Post (29.11.2020) China is planning policies to boost the economic contribution of its elderly citizens, including improving their use of technology In 2019, 12.6 per cent of China’s population was aged 65 or above and that group will hit 300 million by 2025, official data shows
