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 ...
BEIJING - China saw a growing number of qualified fund sales agencies to cater to the wealth management demands of clients ...
The objective of Unified Pension Scheme is to provide financial security to the Central government employees after retirement ...
The China Pensions Index, which was created by East China Normal University, or ECNU, offers a comprehensive framework to ...
China’s pension system, known as the Old-age Insurance System, covers pensions, illness coverage, work injury benefits, and maternity support. It has two pillars: a basic pension system and ...
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 ...
The rest are 25 securities companies and eight independent sales institutions. To enhance the old-age security system, China piloted a private pension scheme in certain cities in 2022 and expanded the ...
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 ...
China’s financial regulators are channelling ... The Ministry of Finance meanwhile is revising the investment management system for pension funds, aiming to optimise investment ratios and ...
To enhance the old-age security system, China piloted a private pension scheme in certain cities in 2022 and expanded the program nationwide in December 2024. The scheme allows participants to ...