According to CoinMeta, on November 12th, the State Council conducted its twenty-second thematic study session with the theme of "Improving the Multi-level Social Security System and Further Strengthening the Safety Net of Social Security." During the study session, Premier Li Qiang emphasized the need to further deepen the reform of the social security system to establish a multi-level social security system that covers all citizens, integrates urban and rural areas, is fair and unified, safe and standardized, and sustainable. The goal is to ensure that the benefits of modernization efforts reach all people more extensively and fairly. Efforts will be made to address the shortcomings in the social security system, expand the coverage of enterprise annuities, enhance the attractiveness of the individual pension system, support the development of commercial health insurance, and advance the establishment of long-term care insurance in a steady and orderly manner. Additionally, there will be a focus on enhancing the long-term sustainability of social security funds, improving and implementing the national coordination system for employee pension insurance, advancing provincial-level coordination of basic medical insurance, and strengthening the safety supervision and value preservation of social security funds.