The Chinese mainland's top legislative body reviewed a draft decision on gradually raising the statutory retirement age on Tuesday.
During the 2024 Bund Summit in Shanghai, Zheng Bingwen, director of the World Social Security Research Center at the Chinese Academy of Social Sciences, stated that delaying the retirement age will not negatively impact the employment rate. He emphasized that economic development is the primary factor influencing employment trends.
Experts believe that as the Chinese mainland's economy continues to grow, job opportunities will remain robust despite changes in retirement policies. 📈💡
