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An employee from a rural inclusive finance comprehensive service center in Nanning, Guangxi Zhuang autonomous region, introduces various financial products to consumers. [Photo by PENG HUAN/FOR CHINA DAILY]
An aging population is a challenge for China. At the end of 2018, the number of those age 60 and above was 249.49 million, accounting for 17.9 percent of the total population, while the number of those age 65 and above was 166.58 million, representing 11.9 percent of the total population.
An IMF research note said: "These firms would thus be responsible for doing what they do best — innovating and interfacing with customers. The central bank, instead, would provide trust to the system by requiring that coins be fully backed by central bank reserves, and by supervising the coin issuers. At the same time, this limits costs for the central bank, as well as some of the risks."
An explanation came from Ni Wangui, a senior agronomist from the crop seed station of Nanchuan district in Southwest China's Chongqing, where the photo was taken.
Among those treatments, six either cost less than 100,000 yuan (,953) a year or have cheaper versions of generics, and five have especially good efficacy for five rare diseases, which cost more than 1 million yuan a year and require life-long medication.
来源：资阳报