China approves plan to raise retirement age from January 2025
People riding bicycles and motorbikes wait in traffic, amid the coronavirus disease pandemic, in Shanghai/ HONG KONG (Reuters) -China's top legislative body has approved a proposal to raise the country's retirement age, the official Xinhua news agency said on Friday, accelerating an overhaul of decades-old laws to tackle the economic pressure of a shrinking workforce. China's retirement ages are currently amongst the lowest globally./ Reform is urgent with life expectancy in China having risen to 78 years as of 2021 from about 44 years in ...
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