An elderly man (R) smokes a pipe as he chats with another man on a sofa in front of piles of bricks in Yongji, Shanxi province, in this April 11, 2015 file photo. China, whose state pension fund is under pressure to break even in coming years, will formalize a plan in 2017 to raise the official retirement age, China News Service reported on February 28, 2016, citing a senior government researcher. (Photo by Reuters/Stringer)





Seagulls fly over a garbage dump site in Dalian, Liaoning province, February 28, 2016. (Photo by Reuters/Stringer)





A group of young female migrant workers look for work outside a factory in the Pearl River Delta industrial hub of Dongguan, China February 25, 2016. The workers were employed on temporary contracts before the Chinese New Year holiday, and had no work to return to after the holiday, forcing them to look for new jobs. Millions of migrant workers streaming back to China's industrial heartland after the long lunar New Year break are facing an uncertain future, as smaller factories in particular struggle to cope with anemic orders and rising inventories. (Photo by James Pomfret/Reuters)





A farmer works on a corn field next to a closed steel factory in Tangshan, China, February 27, 2016. Picture taken on February 27, 2016. (Photo by Kim Kyung-Hoon/Reuters)





A crowd waits as a residential compound opens for sell in Hangzhou, Zhejiang Province, China, Picture taken February 27, 2016. (Photo by Reuters/Stringer)





Paramilitary policemen stand on a truck as they travel along a street during an anti-terrorism oath-taking rally in Urumqi, Xinjiang Uighur Autonomous Region, in this May 23, 2014 file picture. (Photo by Reuters/Stringer)





A recruiter holding a placard advertising jobs talks to young men at an unofficial job market in suburbs of Beijing, China February 24, 2016. A whole generation of Chinese youth raised in a miracle economy over the past decade tilt headlong into a period of material uncertainty as jobs come less easily. As China’s annual parliament sessions kick off next month, the Communist Party will unveil its Five-Year Plan widely expected to outline additional measures to help create jobs and strategies to soothe the sting of massive layoffs as the economy corrects its past excesses and moves away from traditional heavy industries such as coal and steel. (Photo by Damir Sagolj/Reuters)





Jiang Shuaihui, 25, a migrant worker from Henan province plays video games in a room he is renting for 200 RMB/month (30 USD) in Tongzhou district of Beijing, China February 25, 2016. Three months after coming to Beijing from the southern China, Jiang Shuaihui finally found a job as a phone operator and will start his training next week. (Photo by Damir Sagolj/Reuters)





A girl from Shandong Province who came to the China's capital a year ago but still hasn't found a job, buys barbecued meat from a street vendor in Tongzhou district of Beijing, China February 25, 2016. (Photo by Damir Sagolj/Reuters)





Employees work on an assembly line producing automobiles at a factory in Qingdao, Shandong Province, China, March 1, 2016. Activity in China's manufacturing sector shrank more sharply than expected in February, surveys showed on Tuesday, prompting smaller companies to shed workers at the fastest pace in seven years and suggesting Beijing will have to ramp up stimulus to avoid a deeper economic slowdown. (Photo by Reuters/Stringer)





A labourer rests during a lunch break at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai in this October 14, 2013 file photo. China aims to lay off 5-6 million workers from “zombie enterprises” over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two sources with ties to the country's leadership said. (Photo by Carlos Barria/Reuters)





People cross a street beside posters depicting the late Chairman Mao Zedong (R) and China's President Xi Jinping in Shanghai, China March 1, 2016. (Photo by Aly Song/Reuters)





Employees work on the fuselage of an A320 airplane at the Airbus A320 Family final assembly line in Tianjin, China, March 1, 2016. (Photo by Kim Kyung-Hoon/Reuters)





People travel in a cable car in Chongqing, China, January 24, 2016. (Photo by Sue-Ling Wong/Reuters)





People ride past a cement factory in Linyi, Shandong province, February 23, 2016. (Photo by Brenda Goh/Reuters)





A motorcyclist rides past a steel firm in Linyi, Shandong province, China, February 22, 2016. (Photo by Brenda Goh/Reuters)





An electronic board displaying pollutant emission levels is seen outside a ceramic tile factory in Linyi, Shandong province, China, February 23, 2016. (Photo by Brenda Goh/Reuters)





Visitors take pictures in front of an image of an Airbus A330 plane at a ground-breaking ceremony for the Airbus A330 completion and delivery center in Tianjin, China, March 2, 2016. (Photo by Kim Kyung-Hoon/Reuters)





A man walks on a highway road as cars stop on Jinji Expressway located between Beijing and Tianjin, in a heavy traffic jam in Tianjin, China, March 2, 2016. (Photo by Kim Kyung-Hoon/Reuters)





A man takes a nap in a truck as cars stop on Jinji Expressway located between Beijing and Tianjin, in a heavy traffic jam in Tianjin, China, March 2, 2016. (Photo by Kim Kyung-Hoon/Reuters)





A man puts his bare feet on a window of a car while taking a nap as cars stop on Jinji Expressway located between Beijing and Tianjin, in a heavy traffic jam in Tianjin, China, March 2, 2016. (Photo by Kim Kyung-Hoon/Reuters)





A man takes a nap in a truck as cars stop on Jinji Expressway located between Beijing and Tianjin, in a heavy traffic jam in Tianjin, China, March 2, 2016. (Photo by Kim Kyung-Hoon/Reuters)





A man takes a nap in a truck as cars stop on Jinji Expressway located between Beijing and Tianjin, in a heavy traffic jam in Tianjin, China, March 2, 2016. (Photo by Kim Kyung-Hoon/Reuters)





People have their pictures taken in front of Tiananmen Gate as the area near the Great Hall of the People prepares for upcoming annual sessions of the National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC), in Beijing March 2, 2016. (Photo by Damir Sagolj/Reuters)





A man takes pictures of a hundred-yuan banknote at the Tiananmen Square as the area near the Great Hall of the People prepares for upcoming annual sessions of the National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC), in Beijing March 2, 2016. (Photo by Damir Sagolj/Reuters)





Security personnel march in front of Tiananmen Gate as the area near the Great Hall of the People prepares for upcoming annual sessions of the National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC), in Beijing March 2, 2016. (Photo by Damir Sagolj/Reuters)





A volunteer teaches aviation knowledge to primary school students at a college exhibition centre in Changsha, Hunan province, China, March 2, 2016. (Photo by Reuters/China Daily)





Giant Panda Yuan Xin, inside a glass cage, is carried onto a truck before being sent to South Korea, in Dujiangyan, Sichuan province, China, March 2, 2016. (Photo by Reuters/China Daily)





Militia members patrol alongside soldiers of China's People's Liberation Army (PLA) near a watch tower in temperatures below minus 20 degrees Celsius (minus 4 degrees Fahrenheit) in Heihe, Heilongjiang Province, China, March 1, 2016. (Photo by Reuters/Stringer)





Paramilitary policemen carry tyres as they take part in a training session in Zhangye, Gansu Province, China, March 1, 2016. (Photo by Reuters/Stringer)





A paramilitary policeman stands guard at China's border with Mongolia, in a sand storm in Xilin Gol League, Inner Mongolia, China, March 4, 2016. (Photo by Reuters/Stringer)





Customer Wang Wenqian drinks craft beer at microbrewery NBeer Pub in Beijing, China, March 6, 2016. (Photo by Kim Kyung-Hoon/Reuters)





A man watches containers at the Yangshan deepwater port in Shanghai in this March 7, 2007 file photo. (Photo by Aly Song/Reuters)





Hostesses pose for photos outside the Great Hall of the People where sessions of the National People's Congress (NPC) are taking place, in Beijing, China March 7, 2016. (Photo by Damir Sagolj/Reuters)





Ethnic Minority delegates adjust headwear as they attend Hainan delegation group discussion at the National People's Congress (NPC) at the Great Hall of the People in Beijing, China March 7, 2016. (Photo by Damir Sagolj/Reuters)





An investor reacts in front of an electronic board showing stock information at a brokerage house in Shanghai, China, March 7, 2016. (Photo by Aly Song/Reuters)





A woman wears a mask as she takes pictures on the Bund on a hazy day in Shanghai, China, March 7, 2016. (Photo by Aly Song/Reuters)





A couple prepares their wedding photo session at a crossroads in Shanghai, China, March 7, 2016. (Photo by Aly Song/Reuters)