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.
Supreme Court rejects an appeal from a Canadian man once held at Guantanamo
Tech company finds profit in coal waste
Xi Stresses Mobilizing Workers to Participate in National Rejuvenation
Everybody may love Raymond, but Ray Romano loves Peter Boyle
Apple opens its eighth store in Shanghai
CNOOC's major deepwater jacket platform completed
Country set to step up R&D of future
Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
China announces discovery of major oilfield in Bohai Sea