facebook
twitter
rss
account
search
search

Chinese senior citizen population booming

June 24, 2013 at 3:49 PM   |   Comments

BEIJING, June 24 (UPI) -- A Chinese government official said the Asian nation will need to invest heavily in social programs for a booming elderly population.

There were 178 million Chinese 60 or older as of 2010, state-run Xinhua news agency said. That number was expected to double by 2030, said Chen Liang of the Chinese Ministry of Human Resources and Social Security. In less than two decades, China will overtake Japan as the world's fastest-aging nation, a government report said.

Liang, speaking at an international symposium, said the Chinese government must increase the amount of money it is putting into its social programs and diversify its investment channels to expand resources to support its aging population.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
One cop issued 80 percent of the marijuana tickets in Seattle this year
2
Bill Clinton claims he could have killed Osama Bin Laden
3
Army receives first advanced CH-47F helicopter variant
4
Oklahoma shook by three earthquakes in less than 48 hours
5
Utah man teaches 'homophones', fired for promoting gay agenda
Trending News
Video
x
Feedback