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China Daily / 2024-09 / 11 / Page003

Adjustment of retirement ages key for aging society

By Cheng Si | China Daily | Updated: 2024-09-11 00:00
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China will gradually raise the statutory retirement age, according to a draft decision submitted for review at a session of the Standing Committee of the 14th National People's Congress, which started on Tuesday.

The move is aimed at coping positively with the aging problem, better using human resources and showing greater respect to older people who still wish to work, experts said.

The raising of the retirement age is based on people's increased life expectancy and extended years of schooling, and is a positive move to deal with the aging problem and lower birthrate, experts said.

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