Structural workforce challenge prompts retirement age delay


The adoption of a gradual delay in retirement age appears necessary and also feasible. — China Daily

THE Standing Committee of the 14th National People’s Congress, China’s top legislature, is holding its 11th session in Beijing from Tuesday to Friday, and deliberation on a delayed statutory retirement age is on the agenda.

Since the central authorities confirmed for the first time in an important resolution issued in July that delayed retirement will be advanced on a “voluntary and flexible” basis, the narrative is no more about if, but when and how the statutory retirement age will be raised.

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