It’s true. The Chinese government, facing an aging population and a shrinking labor force, has announced plans to raise the official retirement age gradually over the next few years. Currently, men in China generally retire at 60, while the retirement age for most women is 55 for white-collar workers and 50 for blue-collar employees. The decision to raise the retirement age, a controversial move, is part of Beijing’s broader effort to overhaul its economy and social structures. This policy shift aims to harness the economic potential of a rapidly growing elderly population and offset the country’s falling birth rate. However, the Chinese public has expressed concerns over potential impacts on employment and social stability.
For decades, Chinese workers have retired relatively early. That’s about to change
