Entrepreneurs express confidence in pension infrastructure outlook

The country's new generation of business owners remains largely confident in China's existing pensions infrastructure over the next five years, according to a new report.

Conducted in August by the China Entrepreneurs Survey System, the study said despite overall weak market demand, more than half (50.3 percent) of those polled said they had confidence in the country's pensions industry.

That compared with 43.1-percent confidence for the travel and leisure sector, 37.2 percent for the Internet and IT services sector, 33.7 percent for China's pharmaceuticals industry, 33.1 percent in the new energy and 32.8 percent in environmental protection sectors, during the period of the 13th Five Year Plan (2016-20).