On June 1 several banks' mobile apps, including Industrial and Commercial Bank
of China (ICBC), showed a 'bond' entry in personal pension sections. A joint
notice from China's Ministry of Finance and the PBOC states that institutions
should, from June 2026, begin offering personal-pension savings treasury bonds
(electronic). Market participants say the move adds a long-term, low-risk
allocation option for savers, could boost pension contributions and expand the
personal pension product set.