The hike of up to five years is reportedly aimed at addressing the pressure from the country’s aging population The Chinese government has approved a plan to raise the retirement age in an effort to address the challenge of an aging population, according to local media reports. The country’s current retirement ages are among the lowest in the world. The new policy was passed on Friday by the Standing Committee of the National People’s Congress. The change, which will take place over 15 years starting in January, will raise the retirement age for men from the current 60 to 63. The threshold for female office worker
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