Huang Hong, vice chairman of the China Banking Insurance Regulatory Commission, said at the sub-forum of the 2018 China Development Forum “Aging Society and Pension Industry” that commercial insurance should become the main provider of the third pillar of the pension security system. Huang Hong believes that the basic pension, enterprise annuity and personal commercial pension undertaken by the government constitute the first pillar, the second pillar and the third pillar of the old-age security system. When a country solves the problem of pension, it must establish the responsibility of the government, enterprises and individuals. system.