Bai Tao: the pension industry is a new economic growth point across many industrial fields.

[Bai Tao: the pension industry is a new economic growth point across many industries]-- at the 14th Lujiazui Forum today, Bai Tao, chairman of China Life (Group) Company, said that the pension industry is a new growth point of China's economic growth. Because the old-age industry chain is very long, involves a large number of people, and lasts for a long time. The number of the elderly will remain high by the end of the century, in which case employment capacity is so large that tens of millions of nurses alone are needed. The pension industry spans many fields such as finance, real estate, medical care, medicine, culture and entertainment. Such a strong growth-pulling effect is a good economic growth point in the future. At the same time, providing for the aged is also a systematic project, which requires the joint efforts of all sectors of society. We need to make joint efforts in the following aspects: the reserve of pension, the cultivation of pension industry, the nursing of talents and the construction of service standards. (Wang Hong, reporter of the Financial Associated Press)