Expert¡¯s comments:

The client shall select the most suitable model in combination with the characteristics of various operational models according to the number of employees, the distribution of territory and other features. According Taiping Pension¡¯s experience since adoption of the ¡°2+2 Model¡±, this choice allows all parties concerned to fully take advantage of its operational simplicity, expedience and low cost. As the Chinese occupational annuity market is still at its early development stage, hence lacks practical experience and communication and coordination during the preliminary process requires a high amount of time, it is the best way to select the ¡°2+2 Model¡± during this specific period. Later, when conditions are more mature it¡¯s no problem and definitely an option to be thought about to change into a more suitable model.