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Tuesday, November 24, 2020
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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Digital Renminbi Will Break Big Data Monopolies, Replace All Forms of Traditional Money: Bank of China Senior Exec

A former senior executive with one of China's big six state-owned banks has highlighted the major impacts that the digital renminbi will...

China’s Per Capita Income to Leap 56 Places in Global Rankings by 2025, Exceed USD$25,000

China's global ranking in terms of per capita incomes is expected to surge over the next half-decade according to data from Bloomberg...

China’s Leading Economists Calls for Maintaining COVID-19 Stimulus Measures

Leading economics figures in China have signalled the maintenance of robust monetary and fiscal stimulus policies in the wake of the COVID-19...

Digital Yuan Will Account for 15% of All Consumer Payments within a Decade, Give Banks Fighting Chance against Fintech Rivals: Goldman Sachs

A report from Goldman Sachs says that increasing use of China's central bank digital currency (CBDC) could help banks to withstand the...