A Research Of Private Pension Saving And It's External Economy In China

A great change has happened on both society and social security system in China when China stepped in to aged-population society. At present, China's endowment insurance is called multi-pillar pension system mode, which is made up of the social pooling and individual accounts. And the individual accounts have been one of the key roles in the system. But a great crisis has been possible because of some fatal defects: high cost in system-changing, recessive debts when run an 'empty account', little effect of the budding second pillar, etc. So it is necessary to develop private pension saving to offset the deficit in social pension funds, making the multi-pillar pension system mode into a real running.To develop multi-pillar pension system mode has been a common sense in both academe and government policy, but at the same time been only a sense in practice, for lack of coordinated sets of measures.To push the private pension saving ahead can be a way to solve the problem has been a verdict in this area, so that the author gave the argumentation up in this thesis for more, and the external effects, especially the external economy of the private pension savings become the key idea. Over here, the positive effects affect many domains, e.g. capital market, financial system, ageing of population, or social security system and their reformations.Besides, on the base of argumentations of the external economy of the private pension saving, the conditions of which were also analyzed. In another word, when comes to the idea of developing the three-pillars, what kind of policies can serve well were also discussed.