The implementation of a private pension program nationwide will serve as an important driver for the increased maturity of Chinese capital markets, but there is still room for it to attract more users with a willingness to open accounts and invest, said experts. According to a notice jointly released by five central... read full story
"The nationwide implementation can be interpreted as the erection of a third pillar in China's pension system in the real sense. It is an important step forward in the construction of a multilayered pension system in the country,"