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After eight years, Macro Polo has ceased operations as the Paulson Institute will focus its independent research on supporting its programs as it continues to diversify its scope.

We appreciate the community that has grown around Macro Polo and the fruitful engagement we’ve had with our legion of smart and sharp audience. You’ve pushed us to deliver even more original work and innovative products. Our body of work speaks for itself, and we hope it will have a long shelf life – that was the intent from MP’s inception.

MP’s website is now archived and no new work will be published henceforth on this site. Please visit www.paulsoninstitute.org for future research and policy work on a range of global issues.

Thank you all for the support over the years, it has been a privilege to have had a home at the Paulson Institute and to have built it the way we did.

- Team Macro Polo

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Tackling the Chinese Pension System

Organized into three parts, this policy memorandum describes the current state of the Chinese pension system, as well as its shortfalls, and then offers some suggestions to help address these issues. First, it will discuss the key challenges facing the Chinese pension system: the aging of the population, the fragmentation of the system, the lack of advance funding, and the low level of investment returns. Second, it will examine the causes of each of these challenges. Third, it will put forward several proposals to address each of these challenges. In each of these three main parts, the memorandum will focus primarily on the Urban Enterprise Pension System (UEPS) portion of the Chinese pension system.


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