China plans to update investment regulations for its National Social Security Fund (NSSF), expanding the scope of what it can invest in domestically to include pension products and certain futures for hedging.
The existing rules governing the investment of the NSSF came into effect in 2001 and can no longer fully accommodate the development of the financial market or the fund’s investment management, the Ministry of Finance said in a notice accompanying the release of a draft of the updated regulations Wednesday.
