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HONG KONG - China will beef up its 2.88 trillion yuan social security fund, making it "bigger and stronger" to help support its rapidly ageing population as the number of new births and younger workforce to support its seniors shrinks.
China has already entered a moderate aging stage, Ding said, adding that severe aging in the coming decade means the "urgency and difficulty of expanding and strengthening the strategic reserve fund are unprecedented."The state-run Chinese Academy of Sciences sees China's pension system running out of money by 2035.
Aging Population Social Security
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