Steps taken to stave off pressures from China's aging population

China's social security authority is planning to expand investment channels for its social security fund to handle the pressures that come with the country's aging population, Human Resources and Social Security Minister Yin Weimin said on Tuesday.

"The aging population is a global problem in this century, especially in China. It tests a country's capacity to maintain a financial balance in the long term," Yin said in a speech at a seminar in Beijing.