Norway s pension fund is staggering, how can China catch up?

Mondo Education Updated on 2024-02-03

Marvel at Norway's pension, a country with a population of only 5 million, but with a pension scale of up to 12 trillion yuan, this figure is simply astronomical. In contrast, China, as the world's most populous country, has a population of 1.4 billion, but the balance of social security** is only 8 trillion yuan. The comparison of this number can't help but make people think deeply.

Of course, we can't judge a country's social security by scale alone. In fact, China's pension insurance coverage is already quite extensive, as evidenced by the close to 1 billion insured people. This shows that China has made remarkable achievements in the popularization of pension insurance, but it still needs to be improved in terms of scale.

One of the important reasons for the relatively small scale of China's social security is the short development time. After all, China's pension insurance system has not been established for a long time, and it takes time for wealth to accumulate. However, we cannot ignore that the profits of SOEs should be used more to supplement social security** to accelerate their expansion.

In addition, the development of social security is also of great significance. Only with healthy and stable development can social security get more long-term investment opportunities and realize the appreciation of wealth. Therefore, how to guide and standardize the development of social security is an important topic in front of us.

Although the scale of China's social security** needs to be improved, we cannot ignore its achievements and future potential. As long as we find the right methods and strategies, I believe that China's social security will get better and better in the future, providing a more solid living security for hundreds of millions of people.

At the same time, the successful experience of Norway's pension ** also provides us with valuable reference. In the future, China should actively explore a development path suited to its own national conditions, gradually narrow the gap with advanced countries, and create a better life for its people.

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