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China's premier calls for broader, fairer and more sustainable social security coverage

Reuters

BEIJING, Nov 12 (Reuters) - ‌China's Premier Li Qiang called for improvements in ​the ‌country's social security system to ‌make it fair and sustainable while broadening its coverage, ‌state media reported on Thursday, citing a study session of the country's cabinet.

Changes in demographics, technology ⁠and new forms of ‌employment have created new ⁠demands on social security, Li ​said, stressing the need to "fully recognize the important role ​social security plays in ​overall ‌development."

China should improve social security coverage ​for workers in non-traditional, ⁠flexible employment, and ‌gradually improve their ​social insurance ​coverage, Li said.

It should also move faster to close gaps in the social security system, ‌broaden access to employer-sponsored retirement plans, and make voluntary personal ‌pension ​schemes more appealing to the public, he said.

(Reporting by Xiuhao Chen, Yukun Zhang and Ryan ‌Woo; Editing by Toby Chopra)