For many young people in China, the government’s call to prepare for retirement decades in advance feels out of touch with reality.
“There’s no point constantly worrying about the future – I’d rather just focus on living well right now,” said 29-year-old Wu Ruoshi, a public sector worker based in Wuhan.
“Sure, retirement is important, but just thinking about it doesn’t help. It only creates stress. Who knows, maybe I’ll have a robot taking care of me when I’m old anyway.”
They have urged young people to begin planning early for retirement, and highlight the importance of the newly expanded personal pension system – a voluntary, supplementary programme aimed at encouraging individuals to build up their retirement savings, as part of broader pension reforms.
