New NCSSF chief will face big pension challenge
Outspoken and well-regarded Lou Jiwei has been replaced by another ex-ministry of finance official, Liu Wei. The reasons for the change remain unclear but policy continuity is expected.
Lou Jiwei, an outspoken and reform-minded politician in China, has stepped down as the chairman of National Council of Social Security Fund (NCSSF), just two years after taking up the role to help upgrade China’s pension system.
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