Yin Weimin, Minister of the Ministry of Human Resources and Social Security, attends a press conference on the sideline of the 19th CPC National Congress on October 22. (Photo: people.cn)
China has established the world's largest social security network, said Yin Weimin, Minister of Human Resources and Social Security, at the fifth press conference of the 19th CPC National Congress on October 22.
According to Yin, China's pension insurance covers over 90 per cent of the population, or 900 million people.
About 100 million people in China still don't enjoy the benefit. Also, babies and school students aren't eligible for pension insurance.
Besides, medical insurance covers more than 1.3 billion people as China has successfully achieved universal health insurance coverage.