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China plans to further open up private pension market

The country is approving a wider range of asset management products as eligible pension products as it wants more people to invest for their retirement.
China plans to further open up private pension market

China’s pension regulator will soon officially allow more investment vehicles as eligible pension products and is planning to establish an account-based structure, as part of the efforts to encourage more people to invest in the third pillar – the private market – of its pension system.

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