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China had more than 241 million people aged 60 or above at the end of 2017, 17.3 percent of the total population at the time, according to official data.
China has announced measures to cut the social insurance contribution of businesses as part of its efforts to reduce the burden of companies and boost market vitality.
China attaches great importance to bilateral relations, and is willing to handle the relationship from a long-term perspective and in big-picture terms, he said, adding that the two sides should enhance mutual political trust and expand win-win cooperation.
China consolidated its position as the second largest insurance market globally in 2018, with total premiums reaching 5 billion. However, the Chinese market is currently still less than 40 percent of the size of the U.S. market and is also smaller than the three largest markets in Europe - Britain, Germany and France - combined.
China has carried out "Sky Net" operation and intensified efforts to pursue, repatriate and extradite fugitives accused of corruption.
来源：资阳报