Investment returns up for Chinese social security fund in 2015
Updated: 2016-06-03 15:10
(Xinhua)
|
|||||||||
BEIJING - China's social security fund saw better-than-average investment performance last year despite downward economic pressure, according to the fund's operator on Friday.
The national social security fund, which pays for social insurance schemes including endowment insurance, raked in about 229.5 billion yuan ($34.88) in investment profits, with the rate of return on investment (ROI) standing at 15.19 percent, almost doubling the average ROI of 8.82 percent since it was established in 2000, according to a report from the National Council for Social Security Fund.
China's social security fund totaled about 1.9 trillion yuan in assets by the end of 2015, with cumulative investment returns of about 790 billion yuan, the report showed.
About 54 percent of its assets were invested via entrusted bodies, while 6 percent of assets were invested overseas, according to the report.
- Over 10 regions unveil cuts in social security programs
- 15 provincial-level regions unveil cuts in social security programs
- Reducing social security contribution to save companies $19b annually
- Social security premium to reduce from May 1
- Social security payment cuts on way
- China to further cut social security burden on individuals, enterprises
- Govts move to cut burden of social security payments
- Swiss declare Alps tamed as Gotthard rail tunnel opens
- China urges Japan to properly settle Chinese forced laborers issue
- Searching for remains of Dead Sea Scrolls
- China-US relations shouldn't be hijacked by S. China Sea issue
- To cool you off: The fountain in Washington Square Park
- Americans warned about terror risk this summer
- Performers wanted for Shanghai Disney park
- New law protects ancient villages in Southwest China's Lhasa
- Kids with HIV in Shanxi's Red Ribbon School
- Heavy rain turns Wuhan into 'seaside' city
- Photos: Little royals on the Children's Day
- Pure love: Chinese 'little prince'and his fox
- Then and now: Recreating that child-like smile
- Young teacher's heartfelt love for the students
Most Viewed
Editor's Picks
Anti-graft campaign targets poverty relief |
Cherry blossom signal arrival of spring |
In pictures: Destroying fake and shoddy products |
China's southernmost city to plant 500,000 trees |
Cavers make rare finds in Guangxi expedition |
Cutting hair for Longtaitou Festival |
Today's Top News
Chinese State Councilor Yang Jiechi to meet Kerry
Chinese stocks surge on back of MSCI rumors
Liang avoids jail in shooting death
China's finance minister addresses ratings downgrade
Duke alumni visit Chinese Embassy
Marriott unlikely to top Anbang offer for Starwood: Observers
Chinese biopharma debuts on Nasdaq
What ends Jeb Bush's White House hopes
US Weekly
Geared to go |
The place to be |