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.
Ben Whishaw lights up the Croisette as he joins his co
Jon Bon Jovi's son 'MARRIED!' Jesse Bongiovi 'ties the knot' with Jesse Light in Las Vegas
Scarlett Moffatt tells fans to 'embrace the boob gap' in swimsuit
Haiti violence: Transitional council embraces new changes following turmoil
Biden says Brown v. Board of Education ruling was about more than education
Lauren Sanchez jokes she 'doesn't need to breathe' in Met Gala dress during new behind
Gerard Butler transforms back into the rugged hero as Hampshire is turned into apocalypse
Stock market today: Global shares mixed after Wall Street's lull stretches to a 2nd day
Georgia Republicans choose Amy Kremer, organizer of pro
Japanese automaker Nissan reports 92% jump in profit as sales surge
Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
Contreras' injury highlights the danger of big league catchers moving closer to home plate