Between 18 and 21 September 2017, a high level delegation from the Chinese National Development and Reform Commission NDRC led by Mr. Li Kang, new Director General of the Department of Employment and Income Distribution, conducted a Policy Dialogue and Study visit in Sweden and Finland, around the topic of income redistribution through social security mechanism in these two Nordic countries.
In Sweden, the delegation first met with the Swedish Pension Agency Fund and Finance Department which explained the pivotal role of the pension system before a meeting with the Ministry of Social Affairs and Health to gain a better global vision of the Swedish social protection comprehensive mechanism.
In Finland the delegation first met with the United Nations University World Institute for Development Economics Research, UNU-WIDER, located in Helsinki. The Insitute provides economic analysis and policy advice with the aim of promoting sustainable and equitable development for all, particularly developing countries.
The delegation then visited the Finnish Unemployment Insurance Fund, TVR, which is a public body managing unemployment insurance system for Finnish citizens, also in charge of observing evolutions in the labour market.
The Delegation also met with KELA, which is the Social Insurance Institution of Finland, managing the national pension for the finish citizen. It is conducting the experiment on universal minimum income on behalf of the current Finnish government, which is interesting to social protection policy makers and researchers around the world.
At the Finnish Center for Pensions – ETK – which mainly manages earnings-related pension, the Delegation received information on the legislation, supervision and execution of the earnings-related pension system in Finland. A presentation was also made on the 2015 - 2017 Finnish pension reforms, the aim of which were mainly to adapt the pension system to changing life expectancy.
In conclusion of the meetings and the visit, the NDRC delegation expressed its thanks to his hosts and to Expertise France for arranging the mission. The information gathered in Nordic countries will indeed be crucial for conducting further NDRC’s own reflections and proposals concerning income redistribution through social protection that started being conducted under project Component 1 auspices in the year 2016.