LINE

    Text:AAAPrint
    Economy

    China social security fund reports 142 bln yuan in yields

    1
    2015-05-29 15:18Xinhua Editor: Gu Liping

    China's social security fund gained 142.46 billion yuan (23.2 billion U.S. dollars) from investment in 2014, with an 11.69-percent return on investment, according to its annual report on Friday.

    The rate of return outperformed the 6.2-percent return in 2013.

    Founded in 2000, the fund is designed to solve the country's aging problem as well as serve as a strategic reserve to support future social security spending.

    As of the end of last year, the fund's managed assets totaled more than 1.5 trillion yuan.

    The fund manager vowed to improve yields this year by strengthening management of investments.

    By the end of 2014, the debt balance totaled 78.31 billion yuan despite the overall success of investments, according to the report.

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 乳山市| 玉溪市| 安阳县| 边坝县| 武汉市| 德江县| 鸡东县| 玛沁县| 贞丰县| 漳州市| 满洲里市| 喀喇| 进贤县| 西乡县| 内乡县| 永和县| 繁峙县| 平阳县| 镶黄旗| 高唐县| 平果县| 贺州市| 垫江县| 麻阳| 临西县| 神池县| 禄劝| 容城县| 留坝县| 兖州市| 米易县| 东至县| 长垣县| 上栗县| 雅江县| 垣曲县| 潮州市| 鲁甸县| 曲沃县| 长海县| 保靖县|