SOME STRIKING FEATURES OF THE CHINESE PENSION SYSTEM
The Chinese social security system has achieved remarkable progress over a historically short period of time. In terms of extension of personal protection, the decade 2005-2015 has seen medical coverage in both urban and rural areas become almost universal, with pension coverage increasing from less than 200 million to some 850 million persons. Based on project experience to date, Component One felt it useful to update its first report on baseline data of the pension system, to provide European and international readership with a more detailed view of the main achievements, but also the main difficulties of what is no doubt the most important national pension system in the world in terms of personal coverage.
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