www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Make me your Homepage
left corner left corner
China Daily Website

Pension gap exerts severe pressure

Updated: 2012-12-12 08:31
By Ma Jun (China Daily)

Pension gap exerts severe pressure

China's colossal pension gap is expected to greatly increase its fiscal pressure and government debt risk because it faces an ever-increasing aging population.

If the country doesn't undertake necessary reforms, the shortage in pension for urban employees over the next 38 years would be an estimated 83 percent of its 2011 GDP. If rural residents are counted in, the government will face much greater fiscal pressure to bridge the big pension gap. Under the current pension system, three working people support one retiree, but this ratio is likely to change to 1:1 by 2050.

The drastic increase in medical expenses for outpatients, hospitalization, epidemic prevention, medical management and long-term nursing services provided for senior citizens will be another source of fiscal pressure and government debt risk for the government.

It is estimated that such medical expenses now account for 5 percent of China's GDP, but the percentage will rise to 10, of which one-third has to be borne by the government. The increased medical expenditures in these fields over the next 38 years are expected to be 45 percent of the country's 2011 GDP.

The ever-rising medical expenses, together with the enormous pension payment, the cost of environmental protection and the huge debts held by local governments, will push listed government debt to more than 100 percent of China's GDP by 2050 if no reform is undertaken. This should be a reminder to the government that, in the absence of precautionary reforms, the possibility of a Europe- and United States-style debt crisis in China cannot be ruled out.

Therefore, to avoid a long-term debt crisis, the government has to carry out a series of reforms in the coming years, for which the following decade offers a golden opportunity.

With the acceleration of urbanization and the participation of an increasing number of people in the national social security network, China's pension shortage in the following years will not increase at a swift pace and thus the government will not face too heavy a fiscal pressure. That should offer the government some space to press forward sweeping reforms.

However, with the gradual decline in the number of people being added to the national security network, China's pension gap and fiscal pressure will rise rapidly, which will undermine the government's fiscal capability to push ahead some powerful reformatory measures.

Previous Page 1 2 Next Page

 
8.03K
 
...
主站蜘蛛池模板: 久久爱wwwww| 精品午夜久久网成年网 | 中国美女隐私无遮挡免费视频 | 波多野结衣在线观看免费区 | 欧美一区二区在线免费观看 | 色综合久久一本首久久 | 九九在线观看视频 | 国产在线观看精品香蕉v区 国产在线观看免费人成小说 | 在线观看一区二区三区视频 | 亚洲成a人片在线网站 | 国产乱子伦视频大全 | 美女毛片免费看 | 99ri在线精品视频 | 午夜国产精品不卡在线观看 | 亚洲社区在线观看 | 乱人伦中文视频在线 | 国产aⅴ精品一区二区三区久久 | 久久99国产精品视频 | 91网站网站网站在线 | 精品日韩欧美 | 久久久免费精品视频 | 精品国产一区二区三区不卡在线 | 国产成人精选免费视频 | 久久久久88色偷偷免费 | 欧美三级aaa| 狠狠色狠狠色狠狠五月ady | 亚洲国产精品看片在线观看 | 亚洲国产精品二区久久 | 欧美一区二区三区免费看 | 日日摸夜夜搂人人要 | 亚洲免费在线播放 | www.色中色| 日韩在线中文 | 美国做受三级的视频播放 | 精品国产乱码久久久久久一区二区 | 特黄日韩免费一区二区三区 | 日本一区二区三区四区公司 | 香蕉视频在线观看黄 | 久草免费在线色站 | 午夜性生活视频 | 美美女高清毛片视频免费观看 |