China approves raising retirement age for 1st time since 1950s – National

China approves raising retirement age for 1st time since 1950s – National

Starting next year, China will raise its retirement age for workers, which is now among the youngest in the world’s major economies, in an effort to address its shrinking population and aging work force. The Standing Committee of the National People’s Congress, the country’s legislature, passed the new policy Friday after a sudden announcement earlier … Read more