China’s rapidly ageing population has put China’s state welfare system under increasing pressure. Photo: AP China’s rapidly ageing population has put China’s state welfare system under increasing pressure. Photo: AP
China’s rapidly ageing population has put China’s state welfare system under increasing pressure. Photo: AP

China makes small steps to lower social welfare burden on businesses

Beijing issues a new notice on ‘reducing costs’ of businesses by permitting them – on a selective and regional basis – to pay less to state welfare funds

Topic |   China's population
China’s rapidly ageing population has put China’s state welfare system under increasing pressure. Photo: AP China’s rapidly ageing population has put China’s state welfare system under increasing pressure. Photo: AP
China’s rapidly ageing population has put China’s state welfare system under increasing pressure. Photo: AP
READ FULL ARTICLE