In 2023, the basic pension insurance funds in China recorded a cumulative balance surplus of around 7.8 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 2013 and 2023
(in billion yuan)
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National Bureau of Statistics of China. (October 15, 2024). Balance of basic pension insurance funds in China between 2013 and 2023 (in billion yuan) [Graph]. In Statista. Retrieved December 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 2013 and 2023 (in billion yuan)." Chart. October 15, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/
National Bureau of Statistics of China. (2024). Balance of basic pension insurance funds in China between 2013 and 2023 (in billion yuan). Statista. Statista Inc.. Accessed: December 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 2013 and 2023 (in Billion Yuan)." Statista, Statista Inc., 15 Oct 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 2013 and 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/ (last visited December 22, 2024)
Balance of basic pension insurance funds in China between 2013 and 2023 (in billion yuan) [Graph], National Bureau of Statistics of China, October 15, 2024. [Online]. Available: https://www.statista.com/statistics/1053049/china-balance-of-basic-pension-insurance-funds/