Research on the development of pension finance in China

Abstract

Due to the huge population base in China, the aging is developing faster and faster. In addition, China's mortality rate and fertility rate are declining, and the average life expectancy is getting higher and higher. China has carried out demographic structure reform at a very fast speed, and entered the aging stage in advance. The huge population base provides opportunities for the development of old-age related industries. Financial instruments and technologies are important ways to actively respond to population aging, which has led to the creation of a specialized field of pension finance. At present, the development of China's pension finance has achieved initial results, but the top-level design and development system of pension finance has not been established, and there are many challenges. This paper first summarizes the development status of China's pension finance, then summarizes the problems encountered in the development process of China's pension finance, and finally analyzes the key path to promote the development of China's pension finance.