男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

China stresses safe investment of pension funds

Xinhua | Updated: 2017-03-02 09:27

China stresses safe investment of pension funds

An investor checks stock information at a brokerage house in Fuyang, Anhui province, February 24, 2017.[Photo/VCG]

BEIJING - A senior official Wednesday called for a cautionary approach when investing pension funds, tempering expectations that a large amount of pension funds would enter the stock market.

"The investment of pension funds does not necessarily mean putting them into the stock market -- that is just one of the choices," said You Jun, vice minister of human resources and social security, at a press conference.

Pension funds are the "lifeline" of ordinary people and the priority, should they be invested, is safety, You told reporters, adding that risks must be managed and investment returns ensured.

China is trying to increase the value of its locally managed pension funds to cope with the needs of its aging population.

Pensions are traditionally held by banks or used to purchase treasury bills. They are now allowed to be invested in a variety of financial products, including bonds and stocks.

Since the end of 2016, seven provincial-level regions have entrusted their pensions to the National Council for Social Security Fund (NCSSF) in the hope of more diverse and higher returns.

A total of 360 billion yuan ($52.33 billion) is being transferred from bank accounts across the country, operated by local authorities, to the NCSSF for investment, You said.

The move has been, and will continue to be, closely monitored amid calls for more long-term institutional investors to stabilize the market, which suffered plunges in the summer of 2015.

The government has set a 30 percent limit on the proportion of pension funds tied up in stocks.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 奉节县| 天祝| 太和县| 合阳县| 巧家县| 株洲市| 新绛县| 廊坊市| 昭通市| 静安区| 卢龙县| 沾化县| 清镇市| 迁西县| 遂昌县| 那坡县| 丹凤县| 通榆县| 河源市| 合水县| 嘉荫县| 汝南县| 伊吾县| 通化市| 菏泽市| 新余市| 龙山县| 罗甸县| 康乐县| 宜良县| 肃南| 普兰县| 安泽县| 九江市| 海丰县| 信宜市| 白玉县| 清水县| 屏边| 静乐县| 清涧县|