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Higher retirement age may help solve pension problem

By He Dan | China Daily | Updated: 2013-10-23 07:09

A top pensions official has voiced support for raising the retirement age, to make the welfare system more sustainable.

Hu Xiaoyi, vice-minister of human resources and social security, said changes are needed to ease the strain placed on pensions by an aging population.

"Last year, the working-age population dropped for the first time, a signal that China needs to make better use of its human resources," he said.

Higher retirement age may help solve pension problem

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