Insurance companies accelerate the "fission" of the pension map.
In recent years, with the acceleration of the aging process in China, insurance companies have continued to strengthen their presence in the elderly care industry due to their unique advantages of long-term funds and high business integration. The layout of retirement communities has evolved from "single point" to "network", and a new paradigm of full-service retirement services including institutional retirement, community retirement, and home services has been established. The insurance companies' layout in the retirement industry is an important response to the trend of population aging in China. This is not only a key implement of the China Banking and Insurance Regulatory Commission's "High-Quality Development Plan for Pension Financial Services in Banking and Insurance Industry", but also a necessary measure to make major breakthroughs in pension finance during the "15th Five-Year Plan" period. With the dual drive of policy guidance and market demand, insurance companies are becoming the core force in the construction of the retirement service system, continuously creating a new ecosystem for silver-haired economy.
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