Loading...
Market
Sector with most workforce growth due to China's retirement reform by end of 2025?
1
Resolution / Starting Odds
Manufacturing • 25%
Healthcare • 25%
Technology • 25%
Other • 25%
Reports and analyses from economic research institutions or government labor statistics
Story
China Raises Retirement Age to 63 for Men, 58 for Women Effective January 1, 2025, First Adjustment in Over 70 Years
Jan 1, 2025, 12:32 PM
China has implemented a gradual increase in the statutory retirement age, marking the first adjustment in over 70 years. Starting January 1, 2025, the retirement age for male workers will rise from 60 to 63 over a period of 15 years. Additionally, the retirement age for female workers will be extended from 50 to 55 and from 55 to 58. This reform is part of a broader strategy to address the challenges posed by an aging population and declining labor force, as the country anticipates that by 2050, more than 500 million citizens will be over 60 years old. The interim measures for a flexible retirement system were issued to ease the elderly care burden and improve workforce efficiency.
View original story
Similar markets
Real Estate • 25%
Technology • 25%
Healthcare • 25%
Financial Services • 25%
Services • 25%
Other • 25%
Manufacturing • 25%
Technology • 25%
Manufacturing • 25%
Technology • 25%
Services • 25%
Agriculture • 25%
Financial cooperation initiatives • 25%
Other • 25%
Consumer goods sector • 25%
Industrial sector • 25%
E-commerce • 25%
Other • 25%
Hospitality • 25%
Retail • 25%
Business Services • 25%
Retail • 25%
Healthcare • 25%
Other • 25%
Yes • 50%
No • 50%
Exports • 25%
Investment • 25%
Domestic Consumption • 25%
Government Spending • 25%
Shanghai • 25%
Beijing • 25%
Guangdong • 25%
Other • 25%
Public Safety • 25%
Other Public Services • 25%
Healthcare • 25%
Education • 25%
Manned Aerial Vehicles • 25%
Unmanned Aerial Vehicles • 25%
Infrastructure Development • 25%
Intelligent Network Systems • 25%
3% to 5% • 25%
More than 7% • 25%
5% to 7% • 25%
Less than 3% • 25%