This is yet another ugly chart for China's demographic future

[Bussard Ramjet]

http://www.businessinsider.in/This-...s-demographic-future/articleshow/52640910.cms

 

[Bussard Ramjet]

@AndrewJin @TaiShang @Shotgunner51 @cirr

 

[nang2]

Prepare to retire late.

 

[Emperor_of_Mankind]

With the one child policy lifted, I b

Prepare to retire late.

The retirement age in China is 55 I believe. 55 is still young, they can work for another 10 years.

 

[ChineseTiger1986]

With the one child policy lifted, I b

The retirement age in China is 55 I believe. 55 is still young, they can work for another 10 years.

Some senior technicians can produce the craftsmanship, so to retire earlier was a pretty stupid idea.

 

[sicsheep]

also unlike some countries, we retire on our savings not welfare or credit.

 

[AndrewJin]

With the one child policy lifted, I b

The retirement age in China is 55 I believe. 55 is still young, they can work for another 10 years.

My mother retired at 50.

also unlike some countries, we retire on our savings not welfare or credit.

That's true.

 

[Emperor_of_Mankind]

My mother retired at 50.


That's true.

Yes, my mistake women retire at 50 and men at 60.

 

[AndrewJin]

Yes, my mistake women retire at 50 and men at 60.

No no no, some women at 50, some at 55.
Men some at 55, some at 60. (my father will be at 60)
In some factories, can be 45-50.
Very few Chinese will work after their retirement.
Normally when they reach that age, they are rich enough and have enough savings. see photos below.

@Emperor_of_Mankind
That's why you always see millions of Chinese uncles and aunties traveling crazily in the country and abroad.
This was even not during a public holiday or at weekends, see the faces, mostly 50s-60s year old retired people.

 

[cirr]

Chinese workers retire at the tender ages of 50 and 55, for women and men respectively!

Damas and dashus are the pillar of the Chinese tourism industry.

 

[AndrewJin]

Chinese workers retire at the tender ages of 50 and 55, for women and men respectively!

Damas and dashus are the pillar of the Chinese tourism industry.

Yep, young people of internet generations and 50-60s year old are more willing to spend money!
My mother has just returned from Osaka, and one month ago in Thailand.

 

[70U63]

The gov will find a way to minimise the impact of retirement cost to the future tax payer. Just like other advanced countries, i am sure they will raise the retirement age in the future.

 

[+4vsgorillas-Apebane]

The early retirement age of 55 is a legacy of the old famine years and low life expectancy. 55 is the age in which people become masters of what they do, its just silly to let these people retire when they have so much to offer.

 

[MULUBJA]

also unlike some countries, we retire on our savings not welfare or credit.

State need to be a walfare state to retire on welfare.

 

[Bussard Ramjet]

I just don't understand why China is bent on letting go its biggest strength: It's people.