CCP Introduces Strategy for Pension Retirement, as City Council Discloses Reasons Behind Declining Pension Funds
#chinainsights On February 25th, 2023, the former President of China's central bank admitted that the existing pension base is not good because of the large and aging population. It makes it easy to have a shortage of pension funds and will need to rely, to a greater extent, on "personal pensions" to supplement it in the future. The former president was likely letting the public know, testing the waters for the new policy. Have questions? Do you have something to share with us about China? We want to hear from you! Email: Cinsights.subscription@gmail.com Facebook www.facebook.com/EyesOnChina. Your support allows us to produce more high-quality videos. Consider donating at Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned.... ( read more )
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