June 2021
23Jun

China. Rising pension levels to ensure senior citizens have no tension

Seventeen provincial-level regions in China, such as Beijing, Tianjin and Shanghai, and Shaanxi, Henan, Hebei and Liaoning provinces have issued notices raising local pensions. Other regions are expected to follow suit. This rise in pensions for the 17th consecutive year is in accordance with the spirit of this year's Government Work Report and a notice issued by the Ministry of Human Resources and Social Security and the Ministry of Finance in April on adjusting basic pensions for retirees in 2021...

June 23, 2021
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01Jun

Por qué China relajó su controvertida política de natalidad y permitió que las parejas puedan tener 3 hijos

Las parejas chinas podrán tener tres hijos si así lo desean. Así lo anunció China este lunes, un importante giro en su política de natalidad impulsado por el rápido envejecimiento de su población y el desafío social y económico que esto conlleva. La noticia, que relaja la política de dos hijos a tres, se produce poco después de que se publicaran los datos del censo, que mostraron una fuerte caída en las tasas de natalidad. Y es que el abandono de la política...

June 1, 2021
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May 2021
31May

China introduces three-child policy to alleviate problem of ageing population

China's government has announced it is scrapping a policy limiting couples to two children and will now allow them to have three. The change was approved during a Politburo meeting chaired by President Xi Jinping, according to official news agency Xinhua. The government said the problem of an ageing populace was deepening and the change would help to improve the structure of China's population and maintain its advantage in human resources. The policy change will come with "supportive measures, which will be...

May 31, 2021
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31May

China. ‘Third pillar’ of pension cover can help aging society

Two important documents－this year's Government Work Report and the 14th Five-Year Plan (2021-25) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035－put forward that the so-called third pillar of endowment insurance will develop in a well-regulated way. China entered the club of aging societies in 2000. While the total population is growing at a low speed, the elderly group has been growing at a high speed in recent years. According to the seventh national population census,...

May 31, 2021
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19May

China turns to private insurers to help unlock US$15.3 trillion of savings and avert a crisis in state pension system

This is the 11th in a series of stories about China’s once-a-decade census, which was conducted in 2020. The world’s most populous nation released its national demographic data on May 11, and the figures will have far-reaching social policy and economic implications. Read also China population: state pension fund under pressure from ‘unprecedented challenge’ as nation gets older Some of China’s biggest insurers are relishing the opportunity to unlock US$15.3 trillion of private savings, the size of the world’s second-largest economy,...

May 19, 2021
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14May

China population: state pension fund under pressure from ‘unprecedented challenge’ as nation gets older

This is the fifth in a series of stories about China’s once-a-decade census conducted in 2020. The world’s most populous nation released its national demographic data on Tuesday, and the figures will have far-reaching social policy and economic implications. Zhao Baidong, a 28-year-old property agent in Beijing, would like to travel when he retires, but with China and its state pension system facing a “challenge unprecedented in human history” as its population gets older, he is concerned he might be...

May 14, 2021
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13May

China Population and Development Studies

By CPDRC, CPA This journal provides an international platform for discussions on topics related to various population phenomena and development issues, complemented by a strong representation of the research trend and achievement in China and other Asian countries. The journal, hosted by China Population and Development Research Center, draws on the energetic and resourceful Chinese research community as well as in close contact with the Asian research community in the area, features the Asian perspective on the field of population...

May 13, 2021
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13May

China. Shanghai raising residents’ old age pensions

Shanghai is raising old age pensions, the city’s Human Resources and Social Security Bureau announced on Tuesday. Retirees covered by the social security fund for employees will get a 3 percent increase in their monthly pension from last year and an additional 70 yuan (US$10.8) a month. Women over 60 and men over 65 will get an extra 20 yuan a month per person. People included in city residents' basic pension scheme will have their pensions increased by 100 yuan to...

May 13, 2021
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11May

Why China and east Asia’s ageing population threatens global Covid recovery

For many years China watchers have been concerned that its ageing population will slow economic growth, causing social as well as political problems. So today’s census data may be an alarm bell for leaders in Beijing. But it is not just China that is witnessing this trajectory. Most countries in east Asia, even without fertility control policies such as China’s one-child or two-child policies, share the same predicament: how to continue economic growth while encouraging people to have more children? This...

May 11, 2021
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April 2021
28Apr

A Graying China May Have to Put Off Retirement. Workers Aren’t Happy.

For Meng Shan, a 48-year-old urban management worker in the Chinese city of Nanchang, retirement can’t come soon enough. Read also Multi-pillar pension systems can help EU address the ageing of European societies Mr. Meng, who is the equivalent of a low-level, unarmed law-enforcement official, often has to chase down unlicensed street vendors, a task he finds physically and emotionally taxing. Pay is low. Retirement, even on a meager government pension, would finally offer a break. Read also Morneau Shepell releases the...

April 28, 2021
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