Tools: Save | Print | E-mail |
China's Social Security Fund Totals 211.7 Bln Yuan
Adjust font size:

The National Council for Social Security Fund said Tuesday the total assets of China's Social Security Fund (SSF) totaled 211.78 billion yuan (about US$26.5 billion) at the end of 2005.?

 

The figure represents a year-on-year increase of 23.9 percent over 170.9 billion yuan (US$20.8 billion) at the end of 2004.

 

Xiang Huaicheng, chairman of the council, said the fund was created in 2000 as part of China's effort to build up a national social security network to cope with the growing needs of its ageing population.

 

The increased sum of the pension assets include budgetary funding from the central government, returns on investment, and revenues from the sale of shares in state-owned enterprises listed overseas.

 

On its investment strategies for this year, Xiang said that the total capital available for investment this year will be approximately 41 billion yuan (US$5,113 million), and 3 billion yuan (US$374 million) to 5 billion yuan (US$623 million) out of the resources will be used to invest in the stock markets and some 4 billion yuan (US$499 million) to 6 billion (US$748 million) will be invested in products with fixed returns.

 

The central government is expected to publish provisions governing overseas investment by the fund in two weeks.

 

The fund has opened an investment account in Hong Kong, he added.

 

The chairman said that total realized revenues of the fund reached 5.285 billion yuan (US$659 million) in 2005 with an investment yield rate of 3.12 percent.

 

Xiang acknowledged that the council will work to improve its investment returns while giving top priority to risk control.

 

"Our risk control policy remains unchanged, that is, there will be no net investment losses in each of the coming five years while striving to raise investment returns," said Xiang.

 

(Xinhua News Agency March 29, 2006)

Tools: Save | Print | E-mail |

Comment
Username   Password   Anonymous
 
China Archives
Related >>
- Social Security Fund Allowed to Invest Overseas
- Social Security Fund Council Seeks Managers
- Companies Eye Social Security Fund Market
- Overseas Investments for Social Security Fund
- Social Security Fund Bides Its Time for Overseas Investment
- Pension Fund to Invest Overseas
Most Viewed >>
- White paper on energy
- Endangered monkeys grow in number
- Yangtze River's Three Gorges 2 mln years in the making
- The authorities sets sights on polluted soil
- China, US benefit from clean energy

Product Directory
China Search
Country Search
Hot Buys
主站蜘蛛池模板: 色综合天天综合网国产成人网 | 欧美成人一区二区三区| 公洗澡时强要了| 色偷偷888欧美精品久久久| 在线观看中文字幕| 中文字幕2020| 欧美日韩国产人成在线观看| 偷窥无罪之诱人犯罪| 美女福利视频一区| 国产丝袜视频一区二区三区| 黑粗硬大欧美在线视频试看| 小时代1免费观看完整版| 亚洲av无码兔费综合| 皇上啊轻点灬大ji巴太粗太h| 国产91精品系列在线观看| 风流艳妇在线观看| 在线精品日韩一区二区三区| 一区二区精品在线观看| 成年人网站在线免费观看| 久久久久久久99精品国产片| 日本黄线在线播放免费观看| 亚洲男人的天堂网站| 男人操女人的免费视频| 国产丰满麻豆videossexhd| 91精品国产免费久久久久久青草| 天堂草原电视剧在线观看免费| 一本色道久久88综合日韩精品| 暖暖日本免费在线视频| 亚洲人成人77777在线播放| 欧美成人午夜视频| 亚洲欧洲精品久久| 精品久久久久久无码中文字幕 | 欧美人与动性xxxxx杂性| 全免费一级午夜毛片| 黄网在线观看免费| 国产日韩欧美不卡在线二区| yellow字幕网在线zmzz91| 成人高清毛片a| 中文字幕丝袜制服| 报告夫人漫画画免费读漫画在线观看漫画ag| 亚洲国产综合精品中文字幕|