Latest News:  

English>>China Society

Report reveals pension disparity, little education investment


19:47, February 22, 2013

BEIJING, Feb. 22 (Xinhua) -- A government think tank report has revealed inadequate and unbalanced pension distribution, as well as poor investment in education.

Nearly 39.1 percent of 2,000 people surveyed complained that pensions are too little to meet their needs, according to a report released Friday by the Chinese Academy of Social Sciences.

Only 17 percent of respondents said they can live off their pensions, the survey showed.

Elderly people in rural areas strongly complained about the rural endowment insurance system, as 78.9 percent of surveyed insurance buyers said the pensions could not meet their living needs, while 56 percent of their urban counterparts complained about the same problem.

In comparison, only 3.8 percent of surveyed government staff had the same complaint.

"Different feelings from endowment insurance participants reflect a differentiated pension welfare system," the report concluded.

However, 76.4 percent of those surveyed said they are generally satisfied with the country's endowment insurance systems.

The reported cited another survey involving nearly 2,000 people in which 42.7 percent of respondents complained about low medical insurance reimbursement levels.

Less than 10 percent of those surveyed believe the reimbursement percentage is high.

Most of China's urban and rural citizens are now covered by three kinds of medical insurance systems. The systems allow them to receive reimbursement for medical treatment, usually more than 70 percent of their total medical expenses.

The report also highlighted poor government investment in public education, stating that the government's failure to invest in schools has imposed heavy financial burdens on individuals and families.

Average college tuition has increased significantly since 1989. A college education for urban children costs their parents an amount equivalent to their parents' gross net income for 4.2 years, the report said.

The cost of a college education for a rural child is equivalent to their parents' net income for 13.6 years, it said.

The report said relevant authorities should optimize educational investment to guarantee education opportunities in rural and poor areas, as well as encourage private and social investment in the field.

We Recommend:

Our generation: Chinese elites through lens

Chinese rich women learning etiquette

Beauties at Beijing Film Academy enrollment site

Slacklife, China’s No.1 slackliner

Wedding of Lisu people in Sichuan, China

China's weekly story (2013.2.8-2.15)

Impressive moments of Beijing since 1950s

Unforgettable moments during Spring Festival

Exploring top private clubs in China

Email|Print|Comments(Editor:GaoYinan、Yao Chun)

Related Reading

Leave your comment0 comments

  1. Name


Selections for you

  1. Su-30 fighters in attack and defense training

  2. Armored brigade in snowfield training

  3. Pakistanis mourn for victims of deadly blast in Quetta

  4. Century of beauty in China's small town

  5. Attractive girls at an art college's enrollment site

  6. Bikini models spark a debate on recism

  7. Graceful looks of Chinese actress Liu Tao

  8. Post-1980s theme restaurant in Chongqing

  9. Geely posts sales and stock surge

  10. Advantages for company and worker

Most Popular


  1. Spring Festival offers window into China
  2. Fatter red envelopes miss point of tradition
  3. Opportunities amid challenges
  4. Children deaths lead to calls for better guardianship
  5. New CPC leadership's first 100 ruling days inspiring
  6. Keeping the brand full of beans
  7. Brighter outlook for property companies
  8. Lantern Festival losing its luster
  9. How to build new type ties between big powers?
  10. Diplomacy to help China become global power

What’s happening in China

Attractive boys and girls at an art college's enrollment site in Qingdao

  1. 4.8-magnitude quake hits Guangdong: CENC
  2. Chinese gov't prioritizes chemical pollution control
  3. Hebei issues red alert for heavy fog
  4. 23 million Chinese escape poverty in 2012
  5. Water projects to be expedited