China to expand private pension scheme from Dec 15 for ageing population

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The move follows trials launched in 36 cities and regions in November 2022.

In September, the top legislative body approved a proposal to raise China's retirement age, to allay the economic pressure of a shrinking workforce.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: Index fund Pension Government bonds Retirement

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 10:41:08 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 263 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24369035

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 289 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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