The Impact of the Raising of China’s Statutory Retirement Age on Foreign-invested Enterprises
November 18, 2024 | BY
Guo Wei &Wu HantongAs China prepares to introduce a long-awaited increase in the statutory retirement age for both men and women, Guo Wei and Wu Hantong of Tian Yuan Law Firm examine the impact of this sweeping domestic change on foreign-invested enterprises
Summary
● The effect of the raising of China’s statutory retirement age will be far-reaching for employers
● Employers can take a number of steps to avoid disputes in relation to retirement age
● Precautions should be taken to avoid possible age discrimination claims
● There will also be an impact on the management of foreign employees
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