IMF Working Papers

Governance and Fund Management in the Chinese Pension System

By Yu-Wei Hu, Gregorio Impavido, Xiaohong Li

November 1, 2009

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Yu-Wei Hu, Gregorio Impavido, and Xiaohong Li. Governance and Fund Management in the Chinese Pension System, (USA: International Monetary Fund, 2009) accessed November 21, 2024
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

Publication Details

  • Pages:

    50

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2009/246

  • Stock No:

    WPIEA2009246

  • ISBN:

    9781451873931

  • ISSN:

    1018-5941