# Social Security Reform
Latest news and articles about Social Security Reform
Total: 2 articles found
Awakening the Sleeping Giant: China Moves to Unlock its $1.4 Trillion Housing Fund
China is embarking on a significant reform of its $1.4 trillion Housing Provident Fund to address stagnant usage and a cooling property market. By expanding the fund's utility to include medical expenses and potential pension transfers, policymakers hope to modernize a system that has become increasingly disconnected from the needs of the modern workforce.
The Sixth Pillar: China Formalizes Socialized Care to Combat an Aging Crisis
China has officially established Long-term Care Insurance as the 'sixth insurance' pillar to manage the financial burden of its 45 million disabled and elderly citizens. This move is part of a broader strategic overhaul in the 15th Five-Year Plan aimed at stabilizing the country's demographic structure through socialized care and aggressive birth support.