Reforming Pension Insurance in the People’s Republic of China
Publication | December 2019
This paper reviews the progress achieved by the People’s Republic of China in strengthening its national pension insurance system during the 13th Five-Year Plan period.
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A sound national pension insurance system is needed to sustain economic growth and provide income support to a nation’s growing elderly population. Aside from a review of progress that the People’s Republic of China has made in recent years, the paper also identifies the challenges and priorities for pension reform and offers valuable recommendations.
Contents
- Introduction
- Current State of Pension Insurance
- Pension Policy Developments during the 13th Fiver-Year Plan
- Challenges Facing the Pension Insurance System
- Reform Focus of Pension Insurance
- Conclusions
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