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.
Former head of one of China's top state
Closing prices for crude oil, gold and other commodities
Emma Roberts has 'best day ever' going to Disneyland 'for the first time' with her son Rhodes
Montpellier draws with lowly Nantes and finishes with 9 men
Silver economy sees more talent, infrastructure support
Tech billionaire Ankur Jain and his fitness trainer fiancée kick off jaw
Equestrian Beijing Masters to be held in October
Mississippi lawmakers consider new school funding formula
How has the Met Gala come to this? Rita Ora and Doja Cat lead starlets going semi
Feeling lucky? Brainteaser challenges YOU to spot a four