Chinese Premier Li Qiang urged broader social insurance coverage for workers in flexible jobs as demographic, technological and employment shifts add new demands to China’s social security system, Reuters reported Thursday, citing state media.
The report said Li made the call following a cabinet study session. He pointed to changing demographics, advances in technology and new work arrangements as reasons the system must adapt.
Li called for gradually expanding social insurance coverage for people in nontraditional, flexible work and for faster efforts to address gaps in the system. He also said China’s social security system should become fairer and more sustainable as coverage broadens.
For retirement savings, Li urged officials to widen access to plans offered through employers and make personal pension options more appealing to the public. He described social security as playing an important role in overall development, Reuters reported.
