China raises basic pension benefits for retirees
Source Xinhua, Dawn, Arab News, Anadolu and Minute Mirror
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.
Reference Link:- https://english.news.cn/20250710/47cd76e97a3045549f03ca36bed21743/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
