For many rural Chinese in particular, retirement remains a fantasy due to a lack of savings and limited pension coverage. Illustration: Perry Tse
For many rural Chinese in particular, retirement remains a fantasy due to a lack of savings and limited pension coverage. Illustration: Perry Tse

China population: without adequate pensions, more elderly say goodbye to their golden years

  • Compared to developed countries grappling with an ageing population, China is not equipped with a comprehensive welfare system
  • For many rural residents, including migrant workers, retirement is a fantasy due to limited savings and pension plan coverage

For many rural Chinese in particular, retirement remains a fantasy due to a lack of savings and limited pension coverage. Illustration: Perry Tse
For many rural Chinese in particular, retirement remains a fantasy due to a lack of savings and limited pension coverage. Illustration: Perry Tse
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