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        Economy

        China's old-age subsidies benefits 8m people

        (Xinhua)
        Updated: 2011-07-05 10:04
        Large Medium Small

        HOHHOT -- Chinese Minister of Civil Affairs Li Liguo said Monday the country's old-age subsidies system has expanded to 14 provincial-level regions, benefitting 8 million citizens aged above 80.

        Related readings:
        China's old-age subsidies benefits 8m people China steps up subsidies for the needy
        China's old-age subsidies benefits 8m people How to cope with an old-age problem
        China's old-age subsidies benefits 8m people New old-age pension promises dignified life for seniors in China's rural areas

        Last year only six provincial-level regions introduced the system, said Li, while addressing a civil affairs work meeting held in Hohhot, the capital of Inner Mongolia autonomous region.

        Li said the ministry will continue to push other provincial-level regions to establish such system, so as to better support aged residents to meet their daily needs.

        According to officials, China currently has a total of 18.99 million residents aged above 80 years old.

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