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Over 60% of village seniors shun urban retirement

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2015-06-08 09:07Global Times Editor: Li Yan

Over 60 percent of the seniors in villages are reluctant to move to cities for their retired life, according to the latest report on China's elderly villagers.

Published on Saturday, the report, based on information from 17,000 seniors in 573 counties, showed that 40 percent of senior villagers prefer living with their children for the rest of their retired life.

Unfamiliar lifestyle, no relatives and friends to be with and the high cost of living are the main reasons why elderly people in villages prefer not to move to cities, Zhang Xiong, the research group leader also a professor at the Shanghai University of Finance and Economics, told the China Business News.

Half of the seniors live without their children. About 47 percent of senior villagers do not want to live in nursing homes due to economic pressure and service quality concerns, said the report.

It added that 55 percent of them are still working, such as field work. Pensions and income from land are their main sources of income.

About 15 percent of China's population was at least 60 years old as of 2014. The group is likely to reach 30 percent by 2050.

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