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New Scheme | Residents take out endowment insurance at a social insurance center in the city of Linyi in east China's Shandong Province on June 2. China will launch a new social pension scheme on a trial basis from July 1. The program, which will help create full coverage for the country's social pension system, is to be implemented in 60 percent of cities and townships by the end of 2011 before being introduced nationwide next year (XINHUA) |
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