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BEIJING, Dec. 19 (Xinhua) -- China will nearly double its pension insurance coverage1 by the end of 2015 to address the problem of a rapidly aging population, a senior social security official said Wednesday.
As many as 348 million more people will be covered by the program over the next three years, bringing the total participants to 807 million, or about 60 percent of China's population, Hu Xiaoyi, vice2 minister of human resources and social security, told Xinhua.
China has strengthened its efforts to improve the country's pension insurance system. The State Council, China's Cabinet, decided3 to adopt the program in all counties nationwide in the first half of 2012 after earlier pilot studies.
"In the next step, we will improve the adjustment mechanism4 for basic pension insurance based on multiple factors like price fluctuations5, worker salaries and residents' income," Hu said.
点击收听单词发音
1 coverage | |
n.报导,保险范围,保险额,范围,覆盖 | |
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2 vice | |
n.坏事;恶习;[pl.]台钳,老虎钳;adj.副的 | |
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3 decided | |
adj.决定了的,坚决的;明显的,明确的 | |
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4 mechanism | |
n.机械装置;机构,结构 | |
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5 fluctuations | |
波动,涨落,起伏( fluctuation的名词复数 ) | |
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6 maternity | |
n.母性,母道,妇产科病房;adj.孕妇的,母性的 | |
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