综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Social Security Fund earns 60b yuan from banking investments

(Xinhua)
Updated: 2006-11-06 16:34

China's Social Security fund has earned 60 billion yuan (7.5 billion U.S. dollars) from its investments in the Bank of Communication, the Bank of China and the Industrial and Commercial Bank of China.

"The Social Security Fund is one of the most important institutional investors in the Chinese capital market and has a number of advantages over ordinary institutional investors", said Xiang Huaicheng, chairman of the National Social Security Fund Council on Monday,

Xiang said that, as a pension fund, the Social Security Fund must secure itself against losses and avoid risky high-return investments.

The fund earned 12.14 billion yuan (1.52 billion U.S. dollars) from its investments in the first nine months of the year, at a yield of 6.01 percent, said Xiang.

The fund's total assets reached 255.4 billion yuan at the end of September.

Statistics show that the fund achieved an aggregated yield of 11.82 percent from 2000 to 2004, outperforming the inflation rate for the same period but still short of the 13.66-percent interest rate of five-year treasury bonds.

The Social Security Fund was established in 2000 as part of China's effort to build up a national social security network to cope with the growing needs of its aging population.



Related Stories  
Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
衡水市| 永泰县| 阿城市| 板桥市| 江都市| 合阳县| 阳谷县| 达尔| 商都县| 汨罗市| 彭阳县| 巴南区| 思茅市| 金塔县| 中宁县| 普定县| 井研县| 新龙县| 黔西| 西和县| 嘉义县| 彩票| 陇川县| 宜丰县| 冕宁县| 涿鹿县| 和龙市| 安平县| 通榆县| 聊城市| 江油市| 阿坝县| 许昌县| 淮滨县| 南陵县| 达日县| 连江县| 治县。| 阿坝| 河南省| 达州市|