The Third Session of the 14th National People's Congress held an economic theme press conference today (6th), and the heads of relevant departments answered questions from Chinese and foreign reporters on issues such as development and reform, fiscal budget, business, financial securities, etc.
Wu Qing, Chairman of the China Securities Regulatory Commission, introduced that the Ministry of Finance, the Ministry of Human Resources and Social Security and other departments are actively promoting the formulation and revision of long-term fund long-term assessment policy documents. We have solicited opinions and suggestions from relevant parties and will be launched as soon as possible. The issuance of the document will fully establish a long-term assessment mechanism for the national social security fund for more than five years and annuity funds and insurance funds for more than three years. In the upcoming public fund reform plan, the China Securities Regulatory Commission will further increase the proportion of long-term assessments of public funds for more than three years.
