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September 07, 2004
Insurance system to ensure pension payment
China is aging. According to statistics, citizens aged 60 and above account for nearly 11 percent of its 1.3 billion people.
China is focusing on improving its insurance system to cope with the aging population, which will reach its highest percent in the 2030s, according to a report issued by the Information Office of the State Council Tuesday.
Posted by Tom Troceen