China's Social Security System Making Progress

China's social security system, which has experienced sound progress in recent years, has played a vital role in the country's reform and development.

According to a meeting on social insurance held Sunday in Dalian, a coastal city in northeast China's Liaoning Province, 95 percent of the 23 million workers laid off from state-owned enterprises nationwide were guaranteed basic living allowances over the past three years.

At the same time, 15 million of them were got re-employed. Last year, 99.3 percent of the 30 million retired workers received their pensions on time.

Officials attending the meeting, which was jointly sponsored by the Ministry of Labor and Social Security and the State Administration of Taxation, agreed that social security is an endeavor of great significance which requires the most diligent efforts to ensure the further development and better management of social insurance.

Statistics show that by the end of June this year, the number of employees taking pension insurance and unemployment insurance policies reached 105.9 million and 102.5 million, respectively.

The meeting also called for renovation of the medical security system, improvement of the social insurance system and a solution to unemployment.

(Xinhua News Agency 09/24/2001)

In This Series

Beijing Protects Residents’ Safety with High-Tech Alarms

China Quickens Medical Insurance Reform

Minimum Standard of Living System in China: An Interview

Ambitious Care Plan for Senior Citizens

China ‘Says Yes’ for Children

Nation's Pension System Working Well

Most of Shanghai's Poor Are Women

China Launches Social Security Reform Package

China Expected to Invest Social Security in Stocks

Housing Complex for Elderly Opens in Shanghai

Social Security Network Being Woven Nationwide

Firearms Offenders Face Tougher Sentences

Welfare Law to Guard Benefits

China Issues Report on Social Security for 2000

Network for Aged People-- Proposal By Scientist

Develop Social Security System

References

Labor Market Regulations to Be Tightened

Social Security Gets Revamp

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