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1、InChartsWhyChina’sLowRetirementAgeWon’tLastChinahastheworld’slowestretirementage.Chineseofficialswanttoshedthatdistinction.TheaverageretirementageinChinais55,youngeragethananyothercountry,aseniorsocialsecurityministersaidthisweek.Asaresult,hesaid,officialswillsoonunveilaplantopushbackthecountry
2、’sretirementage,whichiscurrently60formenandasearlyas50forwomen.Thereformplanwillpostponetheretirementage“stepbystepuntilitreachesareasonablelevel,”saidYinWeimin,ministeroftheMinistryofHumanResourcesandSocialSecurity,accordingtotheofficialXinhuanewsagency.AdvertisementTalkofretirementreformhasbe
3、encontroversialinacountrywheremanyolderworkersareeagertoleavejobsfoistedonthemunderthepreviousplannedeconomy.NewsthatChinahastheworld’slowestretirementagemadetheroundsofChinesemediaearlierthisweek,apparentlyhelpingtopreparethewayforraisingit.Mr.Yinhaspreviouslysaidtheplanwouldbeunveiledin2017an
4、dbeimplementedfiveyearslater.TheXinhuaarticlethisweekdidn’tofferdetails.HerearefourchartsthathelpexplainwhyChinawantsitsworkerstostayonthejoblonger:Aretirementageof60formaleworkersmadesenseinthe1980s,whenlifeexpectancyformenwasinthemid-60s.Butthankstoimprovementsinnutritionandhealthcare,theaver
5、ageChinesemancanexpecttoliveintohis70s.Thedifferenceforwomenisevengreater.Meanwhile,thankstotheone-childpolicy,risingcostsoflivingandotherfactors,Chinesewomenarehavingfewerchildren.Thatmeanselderlypeoplemakeupanever-largerportionofChina’spopulationpie.Atthesametime,growthinthenumberofworkersisr
6、apidlydeclining.Thatmeansfewerpeoplesupportingmoreretirees.Expertswarnthatitssocial-securityfundisn’trobustenoughfortherisingranksofretired.WiththeexceptionofafewcountriesinAfrica,theretirementageforalmosteveryeconomyoutsideChinaisatleast65,accordingtoMr.Yin.ForChinatokeepitscurrentsystem“isobv
7、iouslyillogical,”hesaid.Comments(17of17)ViewallComments»8:44pmOctober16,2015Anonymouswrote:Factswinliesinhumanbeingsworld?Factsandthephysicalworldrulesfoundornotcan'twinliesautomaticallyinhumanbeingsworld,stillhumanbeingshavebrain
