BEIJING, Sept. 15 (Xinhua) — For this year’s Mid-Autumn Festival, Wang Yutian had more cash to spend on the festival dinner as a new pension program has boosted his income.
The 70-year-old farmer and his wife, living at a village of north China’s Hebei Province, have received a monthly pension of 55 yuan (8.6 U.S. dollars) since December 2009, a considerable contribution to this family’s cashbox.
“Before the pension program started, our total family income was about 1,000 yuan from land lease every year plus a monthly government allowance for low-income families, which was 59 yuan for each of us,” Wang said. Continue reading →