China to push pension reforms

Of the various policies that China's President Xi Jinping has vowed to prioritise in the next five years, pension reform could be among the most significant. Much like the West, China has an ageing population, so there is a pressing need for pension reform before funding pressures become too great, delegates attending the country's 19th ruling party congress heard over the past few days. There are many shortfalls in people’s livelihoods, including their pension arrangements, and…