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Memo#
35961

China Expands Voluntary Private Pension Scheme Nationwide

On December 12, 2024, the Chinese authorities released a notice to expand and enhance China's voluntary private pension scheme. From December 15, 2024, the private pension scheme will be implemented nationwide along with enhancements, such as expanding the scope of eligible products...
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Memo#
35799

Key Highlights from China's Top-Level Meeting on Next Cycle of Reforms

On July 18, 2024, the leaders of the Chinese government concluded its four-day 20th Third Plenary Session (also known as the "Third Plenum). Traditionally held every five years, the third plenums provide an outline of the broad reforms expected in the next political cycle, for example...
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Memo#
35206

China Revamps its Financial Regulatory System

On March 10, 2023, the first session of China's 14th National People's Congress approved a reform plan to reorganize Mainland China's financial regulatory bodies. Under the plan, the authorities will create a new regulatory body, the National Financial Regulatory Administration (NFRA)...
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Memo#
33762

Cross-Boundary Wealth Management Connect in the Greater Bay Area Kicked Off

The Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area was launched earlier this afternoon. ICI Global was invited to attend the launch ceremony, co-organized by the People's Bank of China, the People's Government of Guangdong...