On April 21, 2022, the General Office of the State Council issued the Opinions on Promoting the Development of Private Pensions (“Opinions”), outlining three main principles: government policy support, voluntary participation by individuals, and market-oriented operation.

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China’s Private Pension Scheme: Its Significance and Challenges

  • Yaohui Zhao

摘要

On April 21, 2022, the General Office of the State Council issued the Opinions on Promoting the Development of Private Pensions (“Opinions”), outlining three main principles: government policy support, voluntary participation by individuals, and market-oriented operation.