Shanghai: Encouraging various types of asset management institutions to invest in the equity, stocks, bonds, index funds and other assets of the silver economy. Enriching retirement financial products.

The General Office of the People's Government of Shanghai Municipality issued a notice on the "Opinions on Deepening the Construction of Shanghai Global Asset Management Center". The notice points out the need to improve the aging-appropriate level of wealth management services. It encourages various asset management institutions to invest in the elderly economy sector, such as equity, stocks, bonds, index funds, etc. Enriching pension financial products, supporting qualified bank wealth management companies to participate in pension financial product pilot projects. Supporting trust companies to pilot pension service trusts, and collaborating to build an ecosystem of "appointed guardianship+pension service trusts+pension service institutions". Enriching the system of individual pension and commercial pension products. Supporting the elderly population to make adequate reserves of pension funds and wealth planning, strengthening financial knowledge propaganda education for the elderly and protecting their consumer rights.