---
source_url: "https://www.afdi.org.cn/en/2009/0527/33274.shtml"
title: "JI Rui: Public Finance and Pension Reform in China"
meta_description: "JI Rui examines China's pension reform amid rapid aging, noting the population over 60 exceeds 10 percent while per capita GDP was about $3,000 in 2008, and the aging population may reach a quarter of the total by 2050."
publish_date: "2009-05-27"
modify_date: "2023-11-30"
author: "亚太财经与发展学院"
publisher: "亚太财经与发展学院"
category: "News Center"
language: "zh-CN"
priority: 0.5
---

# JI Rui: Public Finance and Pension Reform in China
> JI Rui examines China's pension reform amid rapid aging, noting the population over 60 exceeds 10 percent while per capita GDP was about $3,000 in 2008, and the aging population may reach a quarter of the total by 2050.

## 一、详细说明 
During the society and economy development, China’s demographic transition has attained some new features, that is, the birth rate is kept low while people’s average life span is prolonged bit by bit. According to a report by the World Health Organization, the average life span for men is 71 and for women is 74.5 in 2008 in China, compared to this, the average life span is only 68 years in Population Census in 1990, and the aging population above 60 accounts for more than 10% of the overall population. While the per capita GDP is only about $3000 in 2008, so this means that China is growing old before it can grow rich. Besides, China’s aging problem is of a large size and accelerating rapidly. According to a forecast by the World Bank, the aging population above 60 in China will account for a quarter of its overall population by 2050. Therefore, China is facing an unprecedented challenge of aging. Meanwhile, China is rebuilding its pension system from pay as you go type to funded type and has a large demand for pension fund. The rapid changes of population structure lead to a contradiction between the demand and supply of pension.
See the attachement for the detail of the paper.

## 二、引用与来源
- 原文来源：<>
- 机构：上海国家会计学院
- 版权声明：上海国家会计学院版权所有