China will be the "oldest" of four key emerging economies by 2050, and its insurers should take advantage of the challenges and opportunities of aging.
Village life was losing its charm for the majority of young migrant workers, a survey showed.
China collected 1.05 trillion yuan ($162.64 billion) of social insurance fund in the first half of 2011, up 26.6 percent from the same period last year, the China Business News reported on Tuesday, citing data from the Ministry of Human Resources and Social Security.
China collected 1.05 trillion yuan ($162.64 billion) of social insurance fund in the first half of 2011, up 26.6 percent from the same period last year, the China Business News reported on Tuesday, citing data from the Ministry of Human Resources and Social Security.
On July 1, China's long awaited Social Insurance Law will come into force. The United Kingdom passed its first National Insurance Act 100 years ago and the United States started issuing social security numbers as a key to its New Deal legislation 75 years ago. Will China's law have the same momentous impact or will it prove something of a false dawn?
China is drafting details of the Social Insurance Law that will allow it to apply to foreign employees, a senior official with the Ministry of Human Resources and Social Security said Monday.
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