China’s government seeks ways to improve pension system

Insight

China is dealing with an aging population and it is projected to skyrocket by the year 2050. The government is responding by reforming the country’s pension system. CCTV America’s He Weiwei filed this report from Guangzhou in Southern China.

China\'s government seeks ways to improve pension system

China\'s government seeks ways to improve pension system

China is dealing with an aging population and it is projected to skyrocket by the year 2050. The government is responding by reforming the country's pension system.CCTV America's He Weiwei filed this report from Guangzhou in Southern China.

Highlights:

  • The number of Chinese citizens aged 60 or over is now around 200 million, accounting for nearly 15% of the country’s entire population. This proportion is projected to rise to one-third by the year 2050.
  • The compulsory pension system started in China in 1997. By the end of last year the system covered 840 million people.

Frances Norwood of George Washington Univ. discusses aging

CCTV America interviewed Frances Norwood, an assistant research professor at George Washington University about global long-term care and end-of-life health policy.

Frances Norwood of George Washington Univ. discusses aging

Frances Norwood of George Washington Univ. discusses aging

CCTV America interviewed Frances Norwood, an assistant research professor at George Washington University about global long-term care and end-of-life health policy.