In 2011, the fund's investment income stood at 43.1 billion yuan, with a yield rate of 5.58 percent.
With the world's largest aged population, China has attracted more and more overseas companies selling products and services for the elderly.
The government plans to invest more to improve senior citizen services in rural areas because more elderly people live there than in cities, a senior Ministry of Civil Affairs official said on Thursday.
With veterans retired and key performers injured, the Chinese national gymnastics team is playing down its chances of duplicating its 2008 Beijing success in London this summer.
Recently unearthed archaeological treasures give scientists a fascinating insight into mankind's origins, reports Zhang Yuchen in Beijing.
China will be the "oldest" of four key emerging economies by 2050, and the country's insurers must move quickly to take advantage of the challenges and opportunities of aging, according to a report released by The Boston Consulting Group and Swiss Re on Tuesday.
On an early spring day, 92-year-old Liu Xiaomao sits in the sunny courtyard of an old people's home in Shanghai's Putuo district, chatting with her 72-year-old roommate.
The old adage of "raising children as a pension for old age" has acquired a hollow ring in our fast-moving times.
A total of 123 million Chinese were aged over 65 by the end of 2011, about 9.1 percent of the total population.
A total of 123 million Chinese were aged over 65 by the end of 2011, about 9.1 percent of the total population.
As China's society is aging it is high time the money over-issuing problem was resolved.
One in four Shanghai residents is now over 60 years old, indicating an aging population in the eastern Chinese metropolis, demographic statistics have shown.
Providing funds for the future may be a problem, report Li Jing and Chen Jia in Beijing.
Beijing's nursing home crisis has been highlighted in a report by Beijing News Monday revealing the capital's aging population face years of waiting for a bed.
China faces daunting elderly care challenge
China's aging population and the deteriorating natural environment will constrain economic growth, Ma Jiantang, head of the National Bureau of Statistics said Saturday.
The retirement age of highly educated women like doctors should be deferred to 60 years old or older, an NPC deputy said on March 3.
China is trying to further extending the old-age pension program to cover all residents.
For decades, scientists have looked for explanations as to why memory loss, slower reaction time, insomnia and even depression occur with age. They have investigated such suspects as high cholesterol, obesity and an inactive lifestyle.
China's population of people aged 60 or above had hit 185 million by the end of 2011, or 13.7 percent of the nation's total population, according to official figures released Thursday.