Tuesday, March 9, 2021
Tags Chinese social security funds

Tag: Chinese social security funds

Ministry of Finance Transfers 10% of AgBank, ICBC Holdings to Social Security Fund

China is accelerating the transfer of state-owned holdings in major banks to the country's social security system.

Transfer of State-owned Assets to Chinese Social Security Funds Expected to Hit 660B Yuan

The Chinese central government estimates that the transfer of state-owned assets to social security funds from central state-owned enterprises is set to...

Chinese Social Security Funds Have Nearly 3 Trillion Yuan in Assets under Management

The assets under management of Chinese social security funds are fast approaching 3 trillion yuan according to the latest official data.

China’s Social Security Funds Post Surplus of Nearly 980 Billion Yuan in 2017

China's social security funds saw a surplus of almost 980 billion yuan in 2017 according to the latest data from the Ministry of Finance...

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Trust Companies Sees 20% Profit Drop Amidst Squeeze on Chinese Shadow Banking

The trust sector in China posted a sharp decline in both profits and asset scale in 2020 as regulators stepped up the...

Chinese Banks Issue 52 Billion Yuan in Financial Inclusion Bonds Since Start of 2021

Commercial banks in China have continued to issue special bonds to raise funds for lending to small businesses since the start of...

China’s Foreign Trade in Goods Surges 32.2% Since Start of 2021

China saw a surge in imports and exports of goods in the first two months of 2021 as the economy continued to...

China Sets GDP Growth Target of over 6% for 2021, Aims to Create More than 11 Million New Urban Jobs

The Chinese central government has unveiled a slew of official targets for economic development in 2021.