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Four Endowment Insurance Companies in 10 Provinces Join In Commercial Pension Pilot

Date:2022.12.01

On December 1st, China Banking Regulatory Commission issued Notice on Endowment Insurance Companies Launching Pension Business Pilot. According to it, since January 1st 2023, the pilot will begin in ten provinces (cities) including Beijing, Shanghai, Jiangsu Province, Zhejiang Province and etc. The trial will last one year.