China offers more choices to boost contributions to pension system

Policymakers expand range of investments approved for personal retirement accounts

20250107 China elderly file photo

China's rapidly aging population has left a smaller workforce to support a growing number of pensioners. © Reuters

WU XIAOMENG, YUE YUE and QING NA, Caixin

With the expansion of its personal pension program in December, China is trying to encourage savers to increase their thus-far paltry contributions and put more of their money into investments that better match their tolerance for risk.

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