The Issues of China’s Social Insurance Sustainability

Abstract

　As the birthrate keep declining and aging population is increasingly growing, the sustainability of the social insurance system is in question. It is also true that the management of social insurance fund has become severe. In addition, the central question of this paper is that what factors determines the sustainability of the social insurance system in china. This paper examines the "historical burden" of state-owned enterprises, the impact of non-state-owned enterprises and state-owned enterprises on employee pension and medical insurance funds. Furthermore, this paper also examines the "financial dependency" of non-employed population's pension and medical insurance.