Overview

• Current retirement age is 60 for men, 50-55 for women, among the lowest globally.
• New policy emphasizes voluntariness and flexibility, with potential final age set at 65.
• China's life expectancy has risen to 78 years, while birth rates continue to decline.
• Many young Chinese are concerned about job market impacts and delayed pensions.
• Social media reactions highlight fears of increased unemployment and economic strain.