China sees growing private pension funds sales agencies

NAMPA / Xinhua
2025-02-03
BEIJING, Feb. 3 (Xinhua) -- China saw a growing number of qualified fund sales agencies to cater to the wealth management demands of clients participating in the country's private pension scheme. There were 52 funds sales institutions for private pension as of the end of 2024, up from 37 in 2022, said the Asset Management Association of China. Among them, 19 are commercial banks, including the Industrial and Commercial Bank of China and the......
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