Weekend: PBOC dep gov says China must promote pension investment to bolster capital market

Author: Eamonn Sheridan | Category: Central Banks

Comments over the weekend from Fan Yifei, vice governor of the People's Bank of China, quoted in the Shanghai Securities News

  • China pension system can help develop direct financing
  • would support the country's "deleveraging" campaign, if long-term pension funds are matched with companies' equity financing and long-term bonds.
  • China could further open up its financial markets by allowing more foreign financial institutions to participate in its pension investment management
via Reuters 

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