China’s National Council for Social Security Fund has set up two departments in preparation for the coming public pension fund programme and is seeking 29 staff to boost its investment capability.
Tag : zheng bingwen
China’s social security investment council is expected to be given a swathe of new pension mandates, but it will need to take on more external managers to handle the workload.
Discussions at the Communist Party of China's plenary meetings will include pension, shadow banking and state-owned enterprise reforms, but few concrete plans are expected to emerge.
The NSSF is to sign an investment mandate with the Guangdong government to manage Rmb100 billion in public pension assets. It marks a first step to much-needed reform.
