yǎng lǎo jīn shuāng guǐ zhì
dual pension scheme (PRC)
养
yǎng
to raise (animals)
老
lǎo
prefix used before the surname of a person or a numeral indicating the order of birth of the children in a family or to indicate affection or familiarity
金
jīn
gold
双
shuāng
two
轨
guǐ
(bound form) rail; track; course; path
制
zhì
to manufacture