Governance and Fund Management in the Chinese Pension System
November 1, 2009
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.
Subject: Asset allocation, Asset management, Pension spending, Pensions, Securities
Keywords: asset manager, bank deposit, fixed income, investment fund, NSSF assets, NSSF staff, private equity, WP
Pages:
50
Volume:
2009
DOI:
Issue:
246
Series:
Working Paper No. 2009/246
Stock No:
WPIEA2009246
ISBN:
9781451873931
ISSN:
1018-5941





