China's social insurance system covers 6 percent more Chinese annually in recent years.

China has basically formed the framework of its social security system.

By 2005, China had accumulated 606.6 billion yuan (75.8 billion U.S. dollars) of social insurance funds for basic pension, unemployment, employment injury, maternity and basic medical insurance, with an annual income growth of 20 percent in recent years.

The national social security fund has added up to more than 200 billion yuan.

From 1998 to 2005, more than 24 million laid-off workers from state-owned enterprises benefited from basic living allowances, while over 19 million were reemployed.

In that period, 160 million more retired workers were included in the basic pension insurance system, with 252.8 billion yuan of pension granted.

Source:佚名