CRI听力:China sees first wave of pension funds ready for market
Chinese officials have announced the first wave of pension funds are ready to be released into China's capital markets.
360-billion yuan worth of pension funds from 7 provincial-level regions, including Beijing and Shanghai, are set to be put into the National Council for Social Security Fund.
The overall pension fund in China currently sits at around 6.5-trillion yuan.
Chinese authorities are moving to put the pension funds into the markets amid concerns about the growing rate of people retiring here in China.
It's expected around 27-percent of China's population will be over the age of 65 by 2050.
Only 10-percent of this country was retirement age in 2015.
For more on this, we're joined live by Mike Bastin, Director of the China Business Center at Southampton Solent University in Britain.
相关文章
- CRI听力:Myanmar youth reap rewards from China-Myanmar cooperative projects
- CRI听力:Guardians of the Belt and Road dedicate prime years in Myanmar
- CRI听力:"Dedicate yourself and you will win," says young entrepreneur
- CRI听力:Macao martial arts champion shines in fashion world with Chinese style
- CRI听力:Perseverance and passion make a difference, young athlete from Macau
- CRI听力:Young girl from Macau becomes social media influencer
- CRI听力:Piano prodigies perform at the Beijing premiere of "The Legend of 1900"
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
- CRI听力:Kris Wu shoots a short film, starring Asian teen model
- CRI听力:CIIE 2019: A good opportunity to engage with Chinese market and consumers
手机网站