社会保障 Social Security

This is my translation homework. I have translated the chinese paragraph into English one, please help me correct it, and if you have any other better English translation, please help me post it here. I really appreciate it :D


社会保障

政府提出，到2020年，要基本建立覆盖城乡居民的社会保障体系。由于中国人口约占世界人口的五分之一，届时，它将成为世界上最大的社会保障体系。

作为人口众多的发展中国家，中国目前的社会保障水平还难以追上发达国家，只能保障公民的基本生活。它的标准是：养老保险——使职工在退休以后能够维持中等生活水平；失业保险——维持失业人员的基本生活；医疗保险——满足参保人一般的医疗需求。


Social Security

The government put forward that it will have generally established a social security system which benefits both urban and rural residents by 2020. Since the population of China covers about one fifth of the whole population of the world, it will develop into the biggest social security system in the world at that time.

As a developing country with a large population, the current social security system of China fails to keep pace with that of developed countreis, but can just guarantee the basic need of citizens. The basic standard of this system includes-----old-age insurance system, which ensures employee's decent standard of life after their retirement; unemployment insurance,which guarantees the basic need of unemployees; and medical insurance,which satisfies the basic medical requirement of those insuredinsurants.

[Excellent!]