A staff member plays a game with a senior citizen at an elderly service centre in Binzhou in eastern Shandong province. China’s ageing population will place the retirement support system on the shoulder of the younger generation. Photo: Xinhua
China's ageing population
China’s state pension plan needs retooling as slowdown, ageing population hit retirement pot
- China plans to subsidise state pension shortfall caused by relief measures for state employers in 2019 amid economic challenges
- Things can get worse as slowdown deepens, while an ageing population pressures the younger generation, experts say
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China's ageing population
A staff member plays a game with a senior citizen at an elderly service centre in Binzhou in eastern Shandong province. China’s ageing population will place the retirement support system on the shoulder of the younger generation. Photo: Xinhua