News China18 Dec 2020

Pension gap could exceed US$1.5tn in 5-10 years

| 18 Dec 2020

China's pension gap may reach CNY8tn ($1.22tn) to CNY10tn ($1.53tn) in the next 5-10 years, when the country's aging population will exceed 300m, according to Mr Wan Feng, a former chairman of the life insurer New China.

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