China Life sets up $1.4b equity investment fund to boost silver economy

China Life sets up $1.4b equity investment fund to boost silver economy

Photo by Joey Huang on Unsplash

China Life Insurance has set up an RMB-denominated equity investment fund that will deploy 10 billion yuan ($1.4 billion) in the country’s silver economy. The country’s elderly population is projected to reach 28% of the total by 2040.

Edited by: Deepshikha Monga

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