"Relatively cautious voices within the establishment are no longer defending the present pension level; they are arguing only over the pace, the target group, and the financing mechanism. That alone says something important. The centre of gravity has shifted. The question is no longer whether rural pensions are too low. It is whether the state is willing to admit how low is too low"

https://www.pekingnology.com/p/investing-in-people-in-rmb20-instalments