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Basic pension benefits for enterprise retirees were increased to an average of 2,270 yuan per person per month. The minimum social pension benefits for participants of the basic old-age insurance for rural and non-working urban residents were raised from 55 yuan to 70 yuan per person per month. We moved forward with reform of the pension system for employees of Party and government offices and public institutions, establishing an annuity scheme for these employees while at the same time adjusting their basic salaries. We intensified efforts to implement the employment assistance initiative for university graduates as well as the scheme for guiding university students in starting their own business, and we also worked to strengthen the capacity of the government for providing public employment services. We gave stronger support to assistance efforts for subsistence allowance recipients, orphans, people with disabilities, and other disadvantaged groups. We further increased subsidies and living allowances to entitled groups, and worked to ensure the proper delivery of pension and other benefits to retired military personnel who now receive their benefits from the government.
China indeed is suffering the pain from a difficult economic transition. Its leaders never sidestep economic problems and they are taking steady and concrete steps to solve them.
First, a high rate of economic development was maintained.
The Communist Party of China (CPC)'s flagship newspaper said in the article that "all (publicity) work should be conducive to Party leadership, the socialist system, reforms, solidarity of different ethnic groups as well as social harmony and stability."
Liu Xi, founder of World Youth Development Forum, said, "When I was at Harvard, I found the bias towards China was mainly based on incomplete information and so we wanted to invite them in to learn about a real China and to promote mutual understanding."