China's move to launch a personal pension scheme is necessary to meet people's demand for a multilayered and multi-pillar pension system and will help serve an aging population better, officials said on April 25.
The concept of "flexible employment" has become a hot topic of discussion, especially after Premier Li Keqiang reiterated the government policy of providing more support for flexible employment and new forms of employment.
City life is more appealing to modern people than country life. Across most high-income countries, more than 80 percent of the population lives in urban areas, and the population flocking to the cities is still on the rise.
China is in an important period when it must boost its spending on social welfare provision.
Robert Lawrence Kuhn, chairman of the Kuhn Foundation and winner of the China Reform Friendship Medal, believes that the key factor behind success lies in the hard work of the Chinese people, as well as the leadership of the Communist Party of China. Check the video to find out more.