{"id":17915,"date":"2008-03-01T11:48:49","date_gmt":"2008-03-01T18:48:49","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2008\/03\/china-may-shift-shares-to-fund-pensions\/"},"modified":"2008-03-01T11:48:49","modified_gmt":"2008-03-01T18:48:49","slug":"china-may-shift-shares-to-fund-pensions","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2008\/03\/china-may-shift-shares-to-fund-pensions\/","title":{"rendered":"China May Shift Shares to Fund Pensions"},"content":{"rendered":"<p>From <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/d173cc2c-e6fc-11dc-b5c3-0000779fd2ac.html\">Financial Times <\/a>:<\/p>\n<blockquote><p>Beijing is considering transferring shares from state-owned companies to the national pension fund to help fill a gaping shortfall, the fund\u2019s new head told the Financial Times on Friday.<\/p>\n<p><a href=\"http:\/\/www.chinatoday.com\/who\/d\/daixianglong.htm\">Dai Xianglong <\/a>, chairman of the <a href=\"http:\/\/www.ssf.gov.cn\/enweb\/index.asp\">National Council for Social Security Fund <\/a>, said the government, individuals and companies all had to increase contributions if the $70bn fund was to meet the pension commitments to the country\u2019s ageing workforce.<\/p>\n<p>\u201cIn the future it is possible for a portion of domestic public state-owned shares to be transferred to the NCSSF,\u201d said Mr Dai, a former central bank governor, in an interview.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From Financial Times : Beijing is considering transferring shares from state-owned companies to the national pension fund to help fill a gaping shortfall, the fund\u2019s new head told the Financial Times on Friday. Dai Xianglong , chairman of the National Council for Social Security Fund , said the government, individuals and companies all had to [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"closed","ping_status":"open","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":[491,490],"class_list":["post-17915","post","type-post","status-publish","format-standard","hentry","category-economy","tag-pensions","tag-social-security","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China May Shift Shares to Fund Pensions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2008\/03\/china-may-shift-shares-to-fund-pensions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China May Shift Shares to Fund Pensions\" \/>\n<meta property=\"og:description\" content=\"From Financial Times : Beijing is considering transferring shares from state-owned companies to the national pension fund to help fill a gaping shortfall, the fund\u2019s new head told the Financial Times on Friday. 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