Caixin
Mar 23, 2024 06:57 PM
FINANCE

China Issues New Rules on Investing Dividends of SOE Shares for Security Fund

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A photo of the State-owned Assets Supervision and Administration Commission of the State Council. Photo: VCG
A photo of the State-owned Assets Supervision and Administration Commission of the State Council. Photo: VCG

What’s new: China has released new regulations on managing state-held equity in SOEs that has been transferred to the National Social Security Fund, a process that began in 2017 aimed at bolstering the country’s pension system.

The document, jointly issued by the Ministry of Finance, Ministry of Human Resources and Social Security and State-owned Assets Supervision and Administration Commission in early March, details how the dividends from transferred shares can be invested.

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