China moves to increase National Social Security Fund’s flexibility

The Chinese government has proposed new rules to allow the country’s CNY1.02trn (€130bn) pension fund to invest more flexibility in capital markets, according to a report by the

The proposed regulations, which were related to investments in both domestic and overseas capital markets, were opened for public consultation last month, the report said, without providing details.

The fund – founded and managed by the National Council of the Social Security Fund (NCSSF) in 2000 – has achieved an annual investment return of 7.95%, it said.