Business\Economy

Ten key messages from the agenda-setting conference

chinadaily.com.cn | Updated: 2016-12-23 07:04

The Central Economic Work Conference, held between December 14-16, has produced a raft of policy resolutions that impact people's livelihoods. Let's take a look at them.

1. Pensions

Ten key messages from the agenda-setting conference

A community worker shows an old man how to use a cell phone with smart elderly-care service functions at a community in Helan county, Ningxia Hui autonomous region. [Photo/Xinhua]

China should proceed with reforms on the pension insurance system and step up efforts on further reform, according to the conference.

China raised the basic pension for enterprise retirees by about 6.5 percent this year, benefiting more than 100 million people, according to the sate-run Xinhua News Agency. Nine provinces adjusted the minimum wage threshold and seven provinces raised the threshold for unemployment insurance. As of end-September, the number of people with social security cards reached 939 million.

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