Retired residents of Chinese mainland have expressed a strong
willingness to continue working to improve their lifestyles and
preserve their financial independence, according to the findings of
a recent global survey carried out by the Hong Kong and Shanghai
Banking Corporation Limited (HSBC).
This survey, The Future of Retirement, covered more
than 20 countries and territories including China, the United
States, Britain, Brazil and Singapore. More than 20,000 adults
across the world were interviewed.
Most of those surveyed in the Chinese mainland felt retirement
should be a matter for individuals, and should depend on their
willingness and ability to continue working.
About 31 percent of the mainland interviewees thought they
should decide their own retirement age and 25 percent felt it
should be based on the ability of individuals to continue
working.
Most of the mainland residents surveyed made it clear they
prefer to keep working instead of going into retirement. Some 33
percent said that work would make their lives more valuable and 31
percent believed it assisted with relaxing both body and mind.
However, 13 percent admitted they had to continue working because
of financial pressures.
In respect of financial support in retirement, the Chinese
citizens share similar views with those of other counties, with 46
percent contending they should be in a position to look after
themselves. Only 11 percent suggested it was the obligation of
their families to assist.
(China.org.cn by Wang Ke, May 17, 2006)
