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New reforms could invigorate China's pension industry

The extension of a tax-deferred pension insurance scheme in some Chinese provinces, together with new target funds for third pillar pensions, could bolster its pension market.
New reforms could invigorate China's pension industry

China’s latest efforts to reform its pension market could help the country improve its rate of retirement savings, but it needs to pursue even more changes if it is to avoid a massive pension deficit, say industry experts.

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