Governance and Fund Management in the Chinese Pension System [electronic resource] / Yu-Wei Hu.

By: Hu, Yu-WeiContributor(s): Impavido, Gregorio | Li, XiaohongMaterial type: TextTextSeries: IMF Working Papers; Working Paper ; No. 09/246Publication details: Washington, D.C. : International Monetary Fund, 2009Description: 1 online resource (50 p.)ISBN: 145187393X :ISSN: 1018-5941Subject(s): Asset Managers | Corporate Finance and Governance: Government Policy and Regulation | Financial Institutions and Services: Government Policy and Regulation | Fund Management | Governance | Pension | China, People's Republic ofAdditional physical formats: Print Version:: Governance and Fund Management in the Chinese Pension SystemOnline resources: IMF e-Library | IMF Book Store Abstract: 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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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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