China population: pension burden in the spotlight as more than a third of provinces have 20 per cent of population aged above 60
In Liaoning province, 25.7 per cent of the population is aged over 60, while in Shandong the figure is 21.15 per cent Analysts say ageing is one of the biggest challenges facing China, with enormous strain likely for the pension system Citizens aged 60 or over account for more than a fifth of residents in 13 of China’s 31 provincial-level jurisdictions, highlighting growing strain on the country’s struggling pension fund, but possible opportunities for the silver economy. The alarming figure was recently...
