Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Chinese Pension Fund System
Mainland China has a rapidly aging population. This is attributable to two main factors - the one-child policy plus substantial improvements in life expectancy leading to a rapidly deteriorating dependency ratio. The issue of China's aging population first attracted attention in 1982, following the country's third population census. Official projections indicated that China's population was aging faster than in almost any other country and the ratio of retirees to workers was deteriorating more seriously than elsewhere.
China's life expectancy has improved dramatically over the past 50 years. Today, the average life expectancy is 71 years, compared to 50 years in 1949 (male and female combined). At the same time, the one-child policy has been rigorously applied in the urban sector of China since 1979. Quite simply, this policy is arguably the most significant social experiment ever. The policy is, however, modified in its application in rural China and with ethnic minorities.
The so-called 1-2-4 phenomenon, which stands for one child, two parents and four grandparents, is becoming apparent in China. In other words, one child will enter the workforce to take care of two parents and four grandparents. The Chinese government is fully aware of its aging population, and the financial burden being created to provide and care for the elderly. It is inevitable that China's pension system will need to go through significant changes. It must also be appreciated that the Chinese pension reforms are an integral part of the overall economic reforms and the development of China's capital markets.
Q. Illustrate Modern Method of Measurements? Holding Period Yield: The holding period yield is one of the modern techniques on Measuring return. It serves two purposes: a) I
what is the applicability of the operating cycle in a vegetaion farm in Uganda
Q. What do you mean by Present Value of a Future Sum? The present value of a future sum will be worth less than the future sum because one foregoes the opportunity to invest an
Weak form level of efficiency This level states that share prices fully reflect information in historic share price movement and patterns (past information/historic information
Define and discuss indirect world systematic risk. The indirect world systematic risk can be illustrated as the covariance among a nontradable asset and the world market portfo
Explain how to measure the firm risk of a capital budgeting project. The firm risk of a capital budgeting project measures the force of adding a new project to the existing pro
At times, companies accuse investors of performing credit sales that they make their quotations fall. Is that true? It is true: there are companies that accuse investors who pe
Foreign Exchange Rates The proportional value of one currency to other, used to exchange currency from one denomination to another. For example, one British pound is wort
A bond is said to be currently callable if the issue is not protected against early call provision. But most new bond issues, even if currently callable, us
1. Each student has been allocated one Australian company. This information is available in the unit website. You should check that a company is assigned to you. 2. It is your r
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd