China’s NCSSF chairman urges quicker transfer of SOE assets to pension fund

The Chinese government should speed up the transfer of assets held by state-owned enterprises (SOEs) to the Social Security Fund (SSF), according to Mainland media reports, citing a senior official from the pension fund’s supervisory body. Last November, China’s State Council unveiled an initiative requiring SOEs to transfer 10% of their assets to the SSF in order to mitigate …

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