In 2022, the basic pension insurance funds in China recorded a cumulative balance surplus of around seven trillion yuan. The basic pension insurance program is a compulsory insurance program operated by the government in China. People who participate in the basic pension insurance program in China are divided in two groups: urban employees and other residents in urban and rural areas. The insurance funds for urban employees are much higher than that for the other group.
Balance of basic pension insurance funds in China between 2012 and 2022
(in billion yuan)
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National Bureau of Statistics of China. (October 16, 2023). Balance of basic pension insurance funds in China between 2012 and 2022 (in billion yuan) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/
National Bureau of Statistics of China. "Balance of basic pension insurance funds in China between 2012 and 2022 (in billion yuan)." Chart. October 16, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/
National Bureau of Statistics of China. (2023). Balance of basic pension insurance funds in China between 2012 and 2022 (in billion yuan). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/
National Bureau of Statistics of China. "Balance of Basic Pension Insurance Funds in China between 2012 and 2022 (in Billion Yuan)." Statista, Statista Inc., 16 Oct 2023, https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/
National Bureau of Statistics of China, Balance of basic pension insurance funds in China between 2012 and 2022 (in billion yuan) Statista, https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/ (last visited November 22, 2024)
Balance of basic pension insurance funds in China between 2012 and 2022 (in billion yuan) [Graph], National Bureau of Statistics of China, October 16, 2023. [Online]. Available: https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/