毕马威：2017中国养老金展望报告（20页）.pdf

1、China Pensions Outlook Evolution, diversification and convergence Contents Introduction Key Trends to Watch About KPMG P.3 P.7 P.17 Recent developments Building a strategy to win Contact us P.5 P.15 P.18 2017 KPMG, a Hong Kong partnership and a member firm of the KPMG network of independent member f

2、irms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 2017 KPMG, a Hong Kong partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.

3、 All rights reserved. Introduction Chinas pension system is a topic of significance to anyone with an interest in the long-term development of the worlds second largest economy. At the core of the issue is a simple question: can China create the necessary financial infrastructure to look after its r

4、apidly ageing population? As highlighted in last years Pensions Report by KPMG China, Chinese people are living longer and healthier lives than ever before. With an average life expectancy at birth of 76, compared to just 43 years in 1960, it is one of the most tangible benefits to come from decades

5、 of economic development1. But on the flipside, it is a development that is putting increasing strain on Chinas pension system. This demographic change means that China is becoming an increasingly grey society. The country currently has 222 million people aged 60 or above, a number that is expected

6、to grow to 300 million by 20252. The financial demands to ensure that older members of society can retire in comfort will be immense. In its current state, Chinas pension system needs to further develop in order to deliver. The country operates a three- pillar system that is still heavily focused on