Bridging the “regional divide” that separates affluent and less affluent areas is a main goal as the central government revives a stalled effort to form a nationwide pension system.

The State Council, China’s cabinet, laid the groundwork for a unified public pension system as part of an economic and social development strategy embedded in the 13th Five-Year Plan, which took effect this year.

Beijing wants to put what are now dozens of regional funds run by provincial, city, and even county governments under one roof by 2020.


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