if you are interested in it , Get free samples :sales@edabearings.com

China's financial tightening pressure is rising, in response to the huge local government debt pressure at the same time, not rich and old and is accelerating the arrival of the aging society, so that the current account of the current gap continues to expand, leaving China's finances is even worse, Which highlights the urgency of China's current social security system reform.

At the China-Japan Financial Think-Tank Seminar held in Beijing on Tuesday, participants generally agreed that China's aging society is accelerating, and that China's lack of basic endowment insurance is related to the current system shortcomings. And suggested that the social co-ordination part of the social security tax, the implementation of separate accounts, delayed retirement and other means to cope with the arrival of aging society.

"In recent years, financial subsidies at all levels of the total basic pension insurance fund expenditure between 16-19%, with an average of 17.7%, such a high proportion of the pension insurance payment needs financial subsidies, fully illustrates the unsustainability. University Law and Economics Research Institute, said Hu Jiye.

His analysis pointed out that from the last few years the national basic pension insurance income and the proportion of total wages, the proportion has been lower than 28%, 2008-2015 eight years the average was only 22.3%, which is less than 28% 80% of the data.

The minimum age limit for basic pension insurance in China is only 15 years, which is also an important factor that is unsustainable. The minimum payment age in the UK is 30 years, France from 2018 onwards, retirees to enjoy the full retirement age pension from 41 years and three months to 41 years and a half, the German provisions of the insured want to receive a pension, must be achieved Payment over 35 years.

In August this year, the social insurance business management center released the annual report on social security development in China in 2015 shows that by the end of 2015, the number of enterprise retirees increased by 6.5%, again higher than the 2.7% increase in the number of enterprise employees, Continued the trend in 2012, and thus led to a four-year decline in dependency ratio in 2015 to reach 2.88: 1.

Tsinghua University School of Public Administration Professor Yang Yansui also pointed out that China's aging society is accelerating. In 2000, it entered the aging society (the proportion of the elderly population was 7%). In 2025, it will enter the aging society (aged 14%) and will enter the super-aging society in 2035 (accounting for 20%).

---

PREVIOUS:The Deloitte & Touche Memorandum shows that the UK does not have a general strat        NEXT:China for the third quarter of the Asia-Pacific region the best real estate inve