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 Jun

2026-06-02

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.