Trending Now
Home Uncategorized China’s enterprise annuity funds report higher return in 2019
Uncategorized

China’s enterprise annuity funds report higher return in 2019

April 2, 2020 

  BEIJING, April 2 0 -- The average yield for China's enterprise annuity funds stood at 8.3 percent last year, with the aggregate investment return reaching 125.8 billion yuan (17.7 billion U.S. dollars), Shanghai Securities News reported Thursday.
   The figure outperformed that in 2018, which stood at 42 billion yuan with an average yield of 3.01 percent, the report said, quoting data from the Ministry of Human Resources and Social Security.
   By the end of last year, the total amount of the enterprise annuity funds neared 1.8 trillion yuan, covering around 25.48 million employees.
   China Life Pension Company, Pingan Pension and the Industrial and Commercial Bank of China ranked the top three in terms of the assents under their management.
   Having logged remarkable growth since 2013, annuity funds have become an important force in China's old-age security system, said the report.
   China launched the enterprise annuity program in 2004, a supplemental occupational pension insurance offered through employers, in a bid to improve its social security system.  Xinhua
Post Views: 481
15 comments
0
Facebook Twitter Google + Pinterest

You may also like

Germans divided over diesel vehicle ban ahead of...

February 25, 2018

Chinese envoy pledges support to Kenya’s development agenda

July 10, 2018

Hamas threatens to escalate rocket attacks against Israel

November 13, 2018

Egypt to produce China’s Sinovac COVID-19 vaccine in...

May 10, 2021

Over 4,000 people affected by earthquake in SW...

April 2, 2020

Int’l community calls for de-escalation of U.S.

January 12, 2020

Russia decides to supply Syria with S-300

September 24, 2018

NASA spacecraft finds changes in Jupiter’s magnetic field

May 22, 2019

China’s Heilongjiang reports no new COVID-19 cases

May 9, 2020

Ecuadorian police raid Health Ministry in COVID-19 vaccine...

March 18, 2021

15 comments

buying synthetic weed online October 10, 2021 - 2:57 pm

… [Trackback]

[…] Read More Information here to that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

url February 10, 2022 - 10:30 am

… [Trackback]

[…] Here you can find 69860 additional Information on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

Esport February 17, 2022 - 5:57 pm

… [Trackback]

[…] Find More on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

레깅스룸 March 11, 2022 - 12:05 am

… [Trackback]

[…] Read More on on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

usa dumps with pin March 26, 2022 - 12:35 pm

… [Trackback]

[…] Here you can find 20960 additional Information on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

Nathaliee_ S Chaturbate April 19, 2022 - 12:54 pm

… [Trackback]

[…] Find More Information here on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

replica watches May 16, 2022 - 2:27 pm

… [Trackback]

[…] Info to that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

sbo June 17, 2022 - 7:55 am

… [Trackback]

[…] Info to that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

maxbet August 26, 2022 - 9:44 pm

… [Trackback]

[…] Find More on on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

sell ccv online October 16, 2022 - 12:01 am

… [Trackback]

[…] Information to that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

เงินด่วนออนไลน์ โอนเข้าบัญชี ได้จริง October 31, 2022 - 1:00 pm

… [Trackback]

[…] Read More to that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

second brain template November 2, 2022 - 11:22 am

… [Trackback]

[…] Find More on to that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

dispensary near me February 18, 2023 - 6:08 pm

… [Trackback]

[…] Read More on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

buy benelli guns March 21, 2023 - 1:31 pm

… [Trackback]

[…] Find More here to that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

pitbull puppies March 23, 2023 - 9:34 pm

… [Trackback]

[…] Find More Information here on that Topic: namibiadailynews.info/chinas-enterprise-annuity-funds-report-higher-return-in-2019/ […]

Comments are closed.