By the end of 2023, China's elderly population aged 60 and above will exceed 2900 million people, the growth rate of the elderly population has been further accelerated, and the aging of the population is becoming the most prominent development problem facing our country, and will pose a major challenge to economic and social construction for a long time to come. In this regard, from the first financial work conference in October last year to the first document of the General Office issued in January this year, the promotion of pension finance has been placed in an important position.
Recently, Fu Fan, Chairman of CPIC, attended the second session of the 16th Shanghai Municipal People's Congress as a deputy to the Shanghai Municipal People's Congress. During this period, Fu Fan made suggestions on the topic of pension finance. Fu Fan pointed out that as an important part of the silver economy, pension finance not only has the function of pension financing and management, but also has the goal of promoting the efficiency of pension services and driving the development of the pension industry. Fu Fan put forward suggestions on the development of pension finance from two aspects.
In response to the imbalance in the pension structure,Enhance the accumulation of enterprise annuitiesaspectsFu Fan suggested,The first is system constructionEstablish a gradual compulsory joining mechanism for enterprise annuities, so that large-scale and well-run enterprises will take the lead in joining, and then gradually implement it to small, medium and micro enterprises, and provide appropriate subsidies to enterprises in difficulty in the initial stage to improve their enthusiasm for participation. The second is tax incentivesFor enterprises that establish enterprise annuities, appropriately increase the proportion of tax exemption for enterprises to reduce the burden on enterprises; For financial institutions that issue, manage, and custodian enterprise annuity business, part of the value-added tax and enterprise income tax exemption and exemption will be granted to the relevant income obtained by them. The third is publicity and promotionPromote the multi-dimensional publicity of the first + market, and adopt a promotion model similar to "Huimin Insurance", that is, the use of the first public service platform and institutional channels such as banking, securities and insurance to carry out promotion.
InPromote the innovation of financial products and open up the closed loop of products, services and investmentaspectsFu Fan suggested,The first is products and servicesFocusing on the actual needs of the elderly, expand the scope of personal pension insurance products, from annuity and comprehensive insurance to critical illness, nursing, disability, whole life insurance and other protection products; Appropriately relax the restrictions on the scope of service docking products, such as allowing the provision of health management services for insurance products included in the personal pension product catalog. The second is investmentEncourage long-term funds such as insurance to invest in pension REITs, and provide preferential fiscal and tax support; Broaden exit channels in the investment policy of the pension industry and enhance the enthusiasm of social capital investment; For enterprises that invest heavily in assets for the elderly, during the ramp-up period before the project occupancy rate reaches a certain percentage, the operating pressure will be alleviated by means of tax reduction or deferral. The third is the platform and standardsDevelop a unified service system for the elderly and embed it in an urban-type public service platform; Research and introduce industry standards for the connection between insurance products and pension services, which can be piloted in some cities and gradually promoted to the whole country, so as to better standardize and promote the innovative cross-border business model of "insurance products + pension services".
At present, CPIC has participated in the development of pension finance in an all-round way, and strives to contribute to the construction of the pension financial ecology. Pension finance,Expand pension management, and provide enterprise annuity and occupational annuity management for more than 10,000 first-class institutions and enterprises across the country; To optimize commercial endowment insurance, issue the first domestic personal tax extended pension policy, and launch exclusive commercial endowment insurance and annuity insurance. Pension service finance,Layout of the pension industry, 14 pension communities have been built in 12 cities across the country, with nearly 1 reserve bed60,000 sheets; Promote the "100-year-old" home care service, which has covered 60 cities across the country. In terms of pension industry finance,Lay out the upstream and downstream of the health care industry, invest 3 billion yuan to set up a leading domestic care service provider in the form of direct and indirect equity; Build a digital medical platform "Taiyi Butler".
As a large-scale state-owned insurance financial institution in China, CPIC has been practicing the "great power of the country" in recent years, unswervingly serving the national strategy and the people's better life, and has achieved positive results.
Service high-level science and technology self-reliance and self-relianceWith science and technology insurance as the carrier, we will continue to provide risk protection for major countries, electronic technology, advanced manufacturing and other fields, and support national scientific and technological innovation financing through investment methods such as insurance asset management products. Helping to create a sustainable modelAdhere to the concept of ESG development, continue to underwrite green insurance business, innovate carbon asset products, and gradually expand the scale of green investment. Promote the realization of the goal of common prosperity, serving rural revitalization, continuing to underwrite agricultural insurance products, and providing risk protection for more than 20 million rural households; Long-term support for the financing of small, medium and micro enterprises and individual industrial and commercial households. Participate in the construction of a multi-level social security systemA complete product chain of "serious illness medical insurance + basic medical insurance + supplementary medical insurance + long-term care insurance + Huimin Insurance + commercial medical insurance" has been formed, with serious illness medical insurance and long-term care insurance covering 100 million and 50 million people respectively, and the "Huimin Insurance" project covering 1200 million people. Contribute to high-level opening-up, covering nearly 120 countries and regions around the world, continues to enhance the risk protection capacity of the "Belt and Road" business with Chinese interests; It has served important international exhibitions such as the CIIE and the CIFTIS, as well as major international events such as the Hangzhou Asian Games.
Looking to the future, Fu Fan said that CPIC will consistently adhere to the political and people-oriented nature of finance. Politically,Earnestly strengthen the party's overall leadership over financial work, continue to cultivate the feeling of "serving the country with finance", and continue to be the "main force" to serve the real economy and maintain the "ballast stone" of financial stability. People's nature,Adhere to the people-centered value orientation, and continue to contribute to serving the people's better life.