Governance and Fund Management in the Chinese Pension System

Released on by Yu-Wei Hu
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  • Governance and Fund Management in the Chinese Pension System Book Detail

  • Author : Yu-Wei Hu
  • Release Date : 2009-11-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 52
  • ISBN 13 : 145187393X
  • File Size : 47,47 MB
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Governance and Fund Management in the Chinese Pension System by Yu-Wei Hu PDF Summary

Book Description: 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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China’s Pension System

China’s Pension System

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Since 1978, when China started remaking its economy, it has also embarked on an unparalleled effort at remaking its pension system to accommodate its hybrid eco