News about government plans to gradually raise the retirement age have sparked a vigorous debate throughout China’s media outlets.
With Chinese male seniors retiring at 55-60 and females at 50-55, the proposed alteration to employability laws has raised worries among commentators, since it risks aggravating the already difficult employment situation. 70% of interviewed individuals oppose the delay.
With the population of over a billion and a constant in-migration of Chinese citizens into urban areas, a careful approach will be required from the Party in this area. Domestic crises in countries like Spain show the disastrous consequences which can arise when a large segment of a young workforce becomes excluded from economic opportunities.