China Unveils Flexible Retirement Measures to Adapt Aging Workforce
China introduces interim measures for a flexible retirement system, gradually raising retirement ages and adjusting pension contribution requirements to address an aging workforce.
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China introduces interim measures for a flexible retirement system, gradually raising retirement ages and adjusting pension contribution requirements to address an aging workforce.
Chinese Premier Li Qiang outlines a gradual increase in retirement age to address aging population and support modernization efforts, set to begin in 2025.
China is set to gradually increase retirement ages over the next 15 years to address a declining workforce and better utilize human resources, driven by rising life expectancy and education levels.
China marks a historic shift by adopting a flexible pension reform, gradually raising retirement ages for men and women over the next 15 years to align with societal changes.
China’s government proposes raising the retirement age as a strategic response to an aging population and evolving economic landscape.