China’s Labor Law landscape saw major reforms in 2024, including a phased increase in the retirement age, adjustments to pension contributions, and relaxed compliance requirements for cross-border HR ...
Many Chinese citizens seek to move their savings abroad, reflecting the growing lack of confidence in the country’s economic ...
The reason why such low income levels could coexist with such high life expectancies during those three decades was mainly due to efforts in three aspects, namely, the three-level medical preventive ...
The China Pensions Index, which was created by East China Normal University, or ECNU, offers a comprehensive framework to ...
At the heart of this looming crisis is China’s pension system, which was originally designed to support retirees but now struggles under the weight of demographic and economic changes. The system, ...
Weak consumption, an aging population and an exodus of personal wealth from the country put China on a perilous path.
As per data released by Ministry of Civil Affairs, only 6.1 million couples registered their marriages last year, a ...
With the expansion of its personal pension program in December, China is trying to encourage savers to increase their thus-far paltry contributions and put more of their money into investments ...
Still, China’s state-led basic pension system is under significant financial pressure. About one-third of China’s provincial-level jurisdictions are running pension deficits. China’s Academy ...
There were 52 funds sales institutions for private pension as of the end of 2024, up from 37 in 2022, said the Asset Management Association of China.
China’s financial regulators are channelling pension ... The Ministry of Finance meanwhile is revising the investment management system for pension funds, aiming to optimise investment ratios ...