摘要
Millions of aging rural Chinese -- especially those over 60 years old -- may no longer need to worry about their income after retirement. The Chinese government has just begun a pilot pension program that, when in full operation, should serve the entire rural population. The government is scheduled to spend RMB 3 billion (USD 440 million) on the first phase, which will be started in 10% of counties by the end of this year and expanded nationwide by 2020.