China raises basic pension benefits for retirees-Xinhua

China raises basic pension benefits for retirees

Source: Xinhua

Editor: huaxia

2025-07-10 18:36:30

BEIJING, July 10 (Xinhua) -- China announced Thursday that it will raise basic pension benefits for retirees in 2025.

The average monthly payment for pensioners is set to be lifted by 2 percent from the 2024 level, according to a circular jointly issued by the Ministry of Human Resources and Social Security and the Ministry of Finance.