Recently, the Ministry of Finance released the 2020 Central Adjustment Fund annual budget. Data show that this year’s Central Adjustment Fund is expected to reach 739.823 billion yuan, an increase of 109.523 billion yuan from last year’s implementation, an increase of 17.4%.

After the implementation of the central pension adjustment system, the net pension payment situation in each province is a profound reflection of regional economic development, population aging, population mobility and growth.

Since the imbalance of pension insurance funds between provinces is difficult to solve through provincial coordination, it is necessary to further improve the coordination level. Starting from July 2018, the central adjustment system of pension insurance funds will be implemented.

Among them, some provinces turned in more funds than they received, becoming net contributors; some provinces received more funds than they paid, becoming net beneficiary provinces.

Among them, the net contribution of Guangdong, the largest economic province, reached 64.571 billion yuan, accounting for 36.5% of the total net contribution, becoming the province with the largest contribution to the central adjustment fund.

Extended information Cities with young people have a future. From an overall perspective, the pension income and expenditure of a region is not only closely related to the aging of the population, but also to the flow of the population in the region.

In some areas, such as Jiangsu and Zhejiang, although the degree of aging is relatively high, due to the developed economy and the inflow of a large number of migrant populations, the pension income and expenditure situation is also relatively good.

From this perspective, the more young people there are in a region, the more dynamic the economy is.

According to research from the Zhongtai Securities Research Institute, in 2019, the direction of my country's population mobility further strengthened the general trend in 2018 and continued to show the characteristics of "migrating eastward" and "moving southward".

In 2019, the net population inflow into the eastern provinces exceeded 1.5 million, and if the north and south were divided along the Qinling-Huaihe River line, the net population inflow into the southern provinces reached 1.67 million.

Moreover, the scale of population migration in the eastern and southern provinces has further increased compared with 2018.

In order to attract talents, major central cities including Nanjing, Hangzhou, Xi'an, etc. are working hard to upgrade their talent policies. Not only have they relaxed their settlement policies, they are also providing corresponding talent subsidies, rental subsidies, home purchase subsidies, etc.

treatment.

For example, in April this year, Hangzhou released the "Hangzhou's Three-Year Action Plan for the Future: Building the First City for College Student Entrepreneurship and Innovation (2020-2022)."

Through the cultivation of mass entrepreneurship and innovation talent projects, Hangzhou plans to introduce more than 1 million new college students to start businesses and innovate in Hangzhou by 2022.

The competition between cities and regions is to either advance or retreat.

Population and talent are important manifestations of urban competitiveness.

Young talents are the mainstay of consumption, innovation, entrepreneurship and employment. Only cities with young people will have a future.

But to retain young people, in addition to loosening the threshold for settlement, it must also be livable and workable, with corresponding industries and employment opportunities.