OPINION: Every year, thousands of Chinese children are left in the care of state-run orphanages by parents either unwilling or unable to support them. Roughly 10,000 reach the legal age of majority each year.
This paper studies the effects of targeted cash transfers on rural–urban migration of Han and ethnic minority households in the People’s Republic of China.
Foreigners (including residents from Taiwan, Macau, and Hong Kong) working in China have been required to participate in the country’s social security system starting from 2011. While most regions have made it mandatory for foreigners to contribute to five types of social insurances some regions do not require it.
The factsheet of China Namibia South-South Cooperation Project contains the development challenge in Namibia, development solution with the support of the FAO-China SSC Programme, key results achieved during the China-Namibia SSC project, success stories sharing and scaling up conclusion.
China is attempting to walk a fine line between lowering corporate burdens to boost economic growth and making the country's pension scheme more sustainable amid an aging population. the government vowed to roll out a nationwide pilot program announced in 2017 that transfers stakes in state-owned firms to social security funds.
The focus of this study is a large targeted cash transfer program in China, the rural minimum living standard guarantee or “dibao” program. China’s rural dibao program aims in principle to provide cash supplements to households with income below specified income thresholds. The transfers are unconditional, that is, beneficiaries are not required to fulfill any conditions in order to receive the transfer.
Twenty-three provincial-level regions in China have announced plans to raise their basic old-age pensions.In Central China's Henan Province, the minimal basic pension standard for rural and urban residents will be increased to 103 yuan ($14.98) from 98, said Li Hailong, deputy head of the provincial human resources and social security department.
It is estimated the local government would provide additional funding of over 900 million yuan to the pension scheme, which will benefit more than 15 million elderly rural and urban residents, Li said.
China will replenish social security funds through the injection of state capital this year to make the funds more sustainable. Policies to reduce employers' contributions to social insurance schemes will be further implemented to ensure that pensions are paid on time and in full.
China should take measures to ensure the social insurance contributions of enterprises are reduced, according to a State Council executive meeting Wednesday chaired by Premier Li Keqiang. China has announced measures to cut the social insurance contribution of businesses as part of its efforts to reduce the burden of companies and boost market vitality.
Rising inequality as well as the need to build resilience to crises, whether economic and financial crises, or natural disasters, have increased the call for strengthening social protection in the Asia-Pacific region. To strengthen social protection, most countries in the region have already set in place income support schemes, often targeted towards certain vulnerable groups. Those include schemes for providing universal social pensions for older persons, income support schemes targeted at poor families, schemes targeting women, as well as food-for-work schemes.