BEIJING, April 27 (Xinhua) — China has been improving its social insurance system to better support the development of the country.
The balance of the three social insurance funds for basic pension, unemployment and employment injury stood at 7.18 trillion yuan (about 1.09 trillion U.S. dollars) at the end of March, said Lu Aihong, spokesperson of the Ministry of Human Resources and Social Security, at a press conference on Wednesday.
The number of participants in the basic pension, unemployment and employment injury insurance schemes was 1.03 billion, 230 million and 280 million, respectively, Lu said.
By 2025, China's basic pension insurance coverage will reach 95 percent, according to a five-year plan released by the ministry last year.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Red Lobster seeks bankruptcy protection after closing some restaurants
China to Step up Myopia Monitoring Among Youngsters
Beijing Enhances Intangible Cultural Heritage Preservation
China Issues List of Universities for Top
Amtrak train hits pickup truck in upstate New York, 3 dead including child
Children View Lanterns at Lantern Making Center in Hebei
China Reiterates Implementation of 'Double Reduction' Policy
Children Find Snow Sports Cool, Survey Reveals
Who is Jacob Zuma, the former South African president disqualified from next week's election?
2022 Beijing Media Center Opens
Celebrity birthdays for the week of May 26
Maternity Leave Extended in 25 Chinese Provinces: Official