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China should have around 30 pension.....>

CHINA PRESS
CHINA PRESS: China should have around 30 pension fund management institutions,
according to former central bank governor Zhou Xiaochuan. A report in Securities
Journal cites Zhou, who said that too many pension fund agencies can lead to
higher costs and lower benefits. Zhou also said that current technology allows
people to have multiple pension accounts at different jobs, and it will be
possible to receive pensions from different accounts in the future. 

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