Does China Have a Social Security System Like the United States

*2024-10-16 12:59:05* 评论(1) · 2024-10-16 12:59:05

Hey folks, I've always been curious about the differences between social security systems around the world. Does China have a similar system to the U.S.? I've heard they've got something called the "Urban and Rural Resident Basic Old-age Insurance System," but I'm not sure how it compares. Any insights from those who know? 🤔💼👀

赵新巧 · 2024-10-16 14:44:30

China's social security system relies mainly on social insurance set up by the government, with fewer supplemental pension plans provided by employers and a weak sense of personal savings and investment.

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Does China Have a Social Security System Like the United States

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