{"id":14801,"date":"2007-09-23T10:31:41","date_gmt":"2007-09-23T17:31:41","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/09\/23\/chinas-pension-fund-hits-400b-yuan-xinhua\/"},"modified":"2007-09-23T10:31:41","modified_gmt":"2007-09-23T17:31:41","slug":"chinas-pension-fund-hits-400b-yuan-xinhua","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/09\/chinas-pension-fund-hits-400b-yuan-xinhua\/","title":{"rendered":"China’s Pension Fund Hits 400B Yuan – Xinhua"},"content":{"rendered":"
From Xinhua via China Daily:<\/p>\n
The value of China’s social security fund had reached 400 billion yuan (US$53.3 billion) by the end of June this year, said Wang Zhongmin, deputy director of China’s National Council for Social Security Fund (NSSF). The security fund reported a profit rate of 15.2 percent in the first half of 2007, making an operating profit totaling 147.9 billion yuan (US$19.7 billion), Wang told a social security forum.<\/p>\n
…”The fund is still insufficient to the country’s huge population of 1.3 billion,” said Wang, saying the ideal amount of social security fund should be two trillion yuan (US$266 billion)….[Full Text]<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
From Xinhua via China Daily: The value of China’s social security fund had reached 400 billion yuan (US$53.3 billion) by the end of June this year, said Wang Zhongmin, deputy director of China’s National Council for Social Security Fund (NSSF). The security fund reported a profit rate of 15.2 percent in the first half of […]<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[491,3488],"class_list":["post-14801","post","type-post","status-publish","format-standard","hentry","category-economy","tag-pensions","tag-social-welfare","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n
China's Pension Fund Hits 400B Yuan - Xinhua<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n