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Almost 90% of young Chinese worried over retirement

According to a recent survey published by the China Youth Daily, 89.3% of the 1876 young people interviewed showed concern over retirement issues, either their own or their parents.

Young Chinese born between 1985 and 1989 are more concerned about their parents, while young people born in the 90s put their retirement first.

As for specific fears, 73.6% of respondents said they did not have enough time to take care of their parents, and 52.6% said that financial problems are a big concern.

Among the respondents, 2% were born after 2000, 8.5% between 1995 and 1999, 38 % between 1990 and 1994, 32.5% between 1985 and 1989 and almost 19% between 1980 and 1984.

As for the areas of residence, about 25% of the people interviewed live in big cities, 46.5% in the cities of the so-called second band, 24.4% in the third and fourth bracket, around 4% in the count and in the towns, and 0.6% in the rural areas.

Source: Xinhua
Foto: Matteo Damiani (CinaOggi, China-underground)

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