(Excerpts from “Weaving a Strong Social Security Net” by CPC Leadership Group of the Ministry of Human Resources and Social Security, Qiushi Journal, No. 03, 2022)

中国社会保障事业面临的新形势新任务：人口老龄化

New circumstances and tasks for China’s social security programs: population aging

从人口老龄化看，呈现出速度加快、规模庞大等特征，给社会保障制度可持续发展带来了挑战。

In terms of population aging, the process in China is defined by its accelerating speed and vast scale, posing challenges for social security programs.

伴随人口预期寿命延长、劳动年龄人口数量下降、劳动人口平均受教育年限增加，加之退休年龄偏低、养老保险缴费年限偏短，中国抚养比近年来在持续下降。

China’s potential support ratio has fallen as a result of longer life expectancy, a smaller working population, and an increase in the average number of years of schooling. In addition, China has a lower than average retirement age and thus people make pension contributions for a shorter time.

养老保险抚养比下降、养老金支付刚性增长，将对社保基金收支长期平衡带来影响。

The falling ratio and the increase in obligatory pension payments will affect the balance of revenue and expenditure in social security funds over the long term.

此外，由于东北地区和中西部地区劳动力大量流向东部沿海地区，也带来地区之间基金收支不平衡，负担畸轻畸重。

In addition, large population flows from the northeast, central and western regions to the eastern coastal region will also create regional imbalances in social security funds, leaving some regions with heavier burdens.

来源：《求是》英文版