BEIJING, Aug. 21 (Xinhua) — China's social security fund saw a return on investments of 4.27 percent last year, according to the body that manages the fund's investment.
The fund, run by the National Council for Social Security Fund, earned investment income totaling 113.18 billion yuan (about 16.63 billion U.S. dollars) last year, data from the council showed.
The total assets of the fund reached over 3 trillion yuan by the end of last year, with about 9 percent of them being overseas investments.
The fund has achieved an average annual return rate of 8.3 percent since its establishment in 2000, the council said.
(Source: Xinhua)
32.3KPlease understand that womenofchina.cn,a non-profit, information-communication website, cannot reach every writer before using articles and images. For copyright issues, please contact us by emailing: [email protected]. The articles published and opinions expressed on this website represent the opinions of writers and are not necessarily shared by womenofchina.cn.
Related articles:
Related suggestion:
All eyes are on Coppola in Cannes. Sound familiar?'Can you imagine having to see that?' Why Ant McPartlin's 'traumatised' exStock market today: World shares are mixed after Wall St hits fresh records on hopes for rate cutsFarewell to British hero James Kirby: Military veteranChina and Cambodia begin 15Judge power fuels Yankees in 4The three missed opportunities to save Arthur LabinjoJapan's economy shrank more than expected in the first quarterNorth Carolina revenue decline means alternate sources for voucher spending consideredFinnish carrier will resume Estonia flights in June after GPS interference prevented landings
3.1158s , 6516.3984375 kb
Copyright © 2024 Powered by China's Social Security Fund Reaps 4.27 Pct Investment Return in 2021 ,Worldly Whispers news portal