Headline: "China's Social Security Enrollment Surpasses 98% Milestone"
China has surpassed a significant milestone in the number of individuals included in its social security system, with over 1.386 billion people now covered. This figure represents 98.3% of the country's total population. This historic achievement was announced at a press conference organized by China's Ministry of Human Resources and Social Security.
This broad participation is attributed to the Chinese government's efforts to strengthen the social security system. Policies in the social security sector have been effective, increasing citizens' access to these systems. Officials note that the system remains generally stable.
Notable figures in China's insurance participation: According to data from the Ministry of Human Resources and Social Security, as of the end of September, noteworthy participation numbers were recorded in key insurance types. The number of contributors to basic pension insurance was documented at 1.075 billion. This indicates that a large segment of the Chinese population is secured under old-age insurance.
Participation in unemployment insurance has reached 245 million individuals, demonstrating that the working population in China also has a safeguard against unemployment. The number of contributors to work-related injury insurance was announced at 303 million.
Ensuring stability in social security: In addition to broad participation, the operation of the social security system is generally stable. Officials highlight that social security services are executed swiftly and effectively, allowing citizens easy access. The system continues to provide security and protection for Chinese citizens.
Experts assert that the social security system is built on solid foundations and is expected to further expand in the future. The progress China has made in the field of social security could serve as an example for other countries.