郑秉文：做好养老财富管理是构建资产型养老金体系的重要条件，也是中央提出养老金融的题中应有之义

Core Viewpoint - The forum on social security and the release of the "China Pension Development Report 2025" emphasizes the importance of developing an asset-based pension system and effective pension wealth management as crucial for addressing aging population challenges and promoting economic development [3][6]. Group 1: Policy and Economic Context - The Central Political Bureau meeting in July 2023 highlighted the need to "activate capital markets and boost investor confidence," leading to a series of policy documents aimed at addressing the bottlenecks in long-term funding [3][6]. - The development of an asset-based pension system and commercial insurance annuities are identified as significant sources of long-term capital [3][6]. Group 2: Pension Wealth Management - Effective pension wealth management is deemed essential for constructing an asset-based pension system and aligns with the central government's objectives for pension finance [3][6]. - The discussion underscores that pension funds are not only vital for the welfare of the elderly but also play a critical role in economic development, positioning pensions as a key production factor, particularly in the context of China's current development stage [3][6].