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Foreign media says China Social Security Fund total assets up to 700 billion yuan

Source: Internet
Author: User
Keywords Fund China RMB China
Tags it is media media reports return security social social security social security fund
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December 2 morning, according to foreign media reports, the Chinese state television quoted sources in Tuesday that, as at the end of October, the total assets of China's Social Security fund reached 700 billion yuan. According to sources, the National Social Security Fund Council has 46% of its assets invested in fixed income products, and 32% of its assets are invested in equities.　　It is reported that the National Social Security Fund investment rate of return is 12.98%, but the report does not specify the statistical time period. Dai Xianglong, chairman of the Council of the National Social Security Fund, said in July that the total assets of the fund exceeded RMB 660 billion by the end of June, and the total assets would exceed 740 billion yuan after the implementation of the domestic state-owned shares.

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