Home>News Center>China
       
 

Pension funds get nod to invest abroad
(Agencies)
Updated: 2004-04-09 14:29

China has freed its national pension fund to invest abroad, bringing a massive new player into the world's financial markets in a move the government hopes will pay for social programs and retirement for its population of 1.3 billion.

The National Social Security Fund Council announced the approval Friday, but didn't say when the investments would begin or how large they might be.

The demand for retirement funds in China is expected to be especially acute in coming decades. China's "family planning" policies allowing most couples to have one child is expected to yield a high retiree-to-worker ratio.

The fund's assets total 132.5 billion yuan (US$16 billion), according to the Xinhua News Agency.

Separate plans are believed to call for the fund to begin investing in Hong Kong, whose financial markets operate separately from those in the mainland.

Proposals for ``overseas investments'' were approved by China's State Council on Feb. 9, the fund council's statement said.

The fund plans to raise the proportion of its assets invested in China's stock markets to 25 percent this year, up from 5.1 percent last year.

 
  Today's Top News     Top China News
 

Koizumi in pinch over Iraq hostage crisis

 

   
 

Pension funds get nod to invest abroad

 

   
 

Consumers baulk at bank charges

 

   
 

No one is allowed to hurt HK stability

 

   
 

Government think-tank unveiled

 

   
 

Rice: Bush understood al-Qaeda threat

 

   
  Too few qualified healthcare workers
   
  HK report to reflect public opinions
   
  Crime rate drops in capital
   
  Olympic convoy to cross continents
   
  Rush to adopt famed spring names
   
  Cityscape receiving big facelift
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Social security fund to be kept safe
   
China to intensify job creation, social security work
   
First fund gets approval to invest overseas
   
Move to strengthen social security net
  News Talk  
  An American apolgy to the family of Chinese pilot  
Advertisement
         
主站蜘蛛池模板: 91色国产在线| 五十路亲子中出中文字幕| 精品欧美日韩一区二区三区| 国产激情з∠视频一区二区| 99国产精品无码| 精品亚洲456在线播放| 国产在线观看午夜不卡| 3d玉蒲团之极乐宝鉴| 女人扒开下面让男人桶爽视频| 中文无码字幕中文有码字幕| 日韩精品欧美亚洲高清有无| 再深点灬舒服灬太大了男小| 豪妇荡乳1一5白玉兰免费下载 | 国产一级第一级毛片| 黑人巨茎大战白人美女| 国产精品一区二区三区久久| 91精品视频网| 日本高清免费在线视频| 亚洲国产91在线| 精品人妻中文无码AV在线| 国产99视频免费精品是看6| 3d动漫精品啪啪一区二区免费| 奇米影视777色| 久久综合九色综合97免费下载| 欧美天天综合色影久久精品| 亚洲视频一区在线播放| 青青青国产视频| 国产日韩视频在线观看| 第一福利官方导航大全| 国产高清自拍视频| 99久久久国产精品免费牛牛 | 亚洲人成网亚洲欧洲无码| 欧美极品JIZZHD欧美| 亚洲欧美色中文字幕在线| 激情内射亚洲一区二区三区| 人妻大战黑人白浆狂泄| 菠萝蜜视频在线看| 国产精品永久免费视频| 中文字幕在线看日本大片| 欧美在线观看免费一区视频| 亚洲毛片免费看|