China. Premier Li stresses efforts to ensure basic pension payments

Chinese Premier Li Keqiang has stressed efforts to implement a central management system to ensure basic pension fund payments.

A central system for basic pension funds of enterprise employees will be established to strengthen sustainability of the basic pension scheme and balance the pension payment burden in different regions, according to instructions made by Li.

The instructions were conveyed Monday at a conference on the implementation of the system.

Read More: XinhuaNet