China to Raise Retirement Age Amidst Demographic Challenges
Friday, 13 September 2024, 02:19
China is set to raise the retirement age for workers as part of its efforts to tackle a growing demographic crisis. The decision aims to address the challenges posed by an ageing population and declining workforce numbers.
This change, reported by state news agency Xinhua, symbolizes a shift in policy to enhance the sustainability of China’s social security system.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.