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Governance and Fund Management in the Chinese Pension System

Author/Editor: Impavido, Gregorio | Hu, Yu-Wei | Li, Xiaohong
Authorized for Distribution: November 1, 2009
Electronic Access: Free Full Text (PDF file size is 1,357KB)
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the key components of the system, highlights the progress made to date and identifies remaining weaknesses, in regard to information disclosure, the governance framework and pension fund management standards.
 
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Series: Working Paper No. 09/246
Subject(s): Banking crisis | Capital | Cross country analysis | Demand | Economic growth | External sector | Fiscal policy | Labor | Monetary policy | Productivity | China, People's Republic of
Author's keyword(s): Public pensions | Fund Management | and Governance.
 
English  
    Published:   November 1, 2009        
            Format:   Paper
    Stock No:   WPIEA2009246   Pages:   50
    Price:   US$18.00 (Academic Rate: US$18.00 )
       
     
Please address any questions about this title to publications@imf.org.