Ge Zhihua, head of the Social Security Department of the Ministry of Finance, stated at a press conference on January 9 at the State Council Information Office that going forward, the finance department will conscientiously implement the spirit of the "Opinions on Deepening the Reform and Development of Retirement Services," and further increase investment. It will adhere to doing as much as possible and acting according to capacity, guiding localities to further increase funding for Retirement services based on the level of economic development and the degree of population aging. Meanwhile, it will further improve the funding guarantee mechanism for Retirement services, expand inclusive, basic, and safety net Retirement service supply, and focus on ensuring the basic Retirement service needs of special elderly groups such as extremely poor elderly people and economically disadvantaged elderly people with disabilities.
财政部:进一步加大对养老服务的资金投入
The Ministry of Finance: further increase funding for Retirement services.
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