During the fourth-quarter press conference in 2024, the Ministry of Human Resources and Social Security (MOHRSS) unveiled plans to elevate management and service standards. This includes fostering commercial banks to diversify their portfolio of individual pension products, thereby delivering seamless and tailored services to customers. Concurrently, MOHRSS will join forces with relevant departments to delve into and devise policies and initiatives aimed at bolstering the appeal of the individual pension system and motivating broader public participation.
