China announces new retirement ages, plans to foster 'new culture of marriage and child-bearing'
China’s government has confirmed it will soon begin raising the country’s retirement age, which is currently among the youngest in the world’s major economies.
The extension is considered long overdue by economists, with the current age of 60 for men and 50 or 55 for women (depending on whether they work blue- or white-collar jobs) not having changed since the 1950s.