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📢 文末扫码进裙，免费领取双语精读版 China to allow delayed retirement to combat population woes Reuters China 22 July, 2024 | 728 words | ★★ ★ ☆ ☆ China will gradually raise its statutory retirement age, now among the world's lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension budgets, with many provinces already facing deficits. The reform is urgent, with life expectancy having risen in China to 78 years by 2021 from about 44 years in 1960, outstripping the United States, and is projected to exceed 80 years by 2050. Sunday's announcement came in a key policy document that also rolled out plans to sharpen a strategy to combat a declining birth rate and an ageing population that fell for a second straight year in 2023, and is seen falling for decades. "In line with the principle of voluntary participation with appropriate flexibility, we will advance reform to gradually raise the statutory retirement age in a p
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