BizBeat Ep. 97: Longevity in China spurring financial innovation
The extension of one's life expectancy is a positive result of economic and social development. However, the era of longevity also calls for innovation in allocating economic resources to cater to actual needs, and financial innovation plays an important part. In recent years, to address national pensions issues, relevant government departments have continued to introduce guiding policies to support the development of the pension financial market. CGTN's Michael Wang looks into how longevity spurs financial innovation.