|
BIZCHINA> Top Biz News
![]() |
|
Pension fund chief: China to further expand overseas investment
By Ding Qi (chinadaily.com.cn)
Updated: 2009-07-04 10:55 Dai Xianglong, chairman of the National Council for Social Security Fund (SSF), China's pension fund, said Friday that China will further expand its overseas investment in diversified means.
But other countries should understand and welcome normal investment from China to achieve balance, Dai said, noting some countries are not open to Chinese investments in fear of their possible government influence. There were reports last month that the SSF had chosen several fund management companies to conduct its overseas investment, but the SSF did not confirm the issue nor give any timetable for its overseas plans. The national SSF had total assets of 562.4 billion yuan ($82.34 billion) at the end of 2008. Its realized gains last year stood at 23.36 billion yuan, against a nominal loss of 102.1 billion yuan, according to the fund's annual report released in May. (For more biz stories, please visit Industries)
|
||||||||
隆回县| 虞城县| 文安县| 东光县| 札达县| 沾化县| 原平市| 衡水市| 理塘县| 乌拉特后旗| 西乌珠穆沁旗| 山西省| 阳江市| 顺平县| 虞城县| 商水县| 彰化市| 乐清市| 梧州市| 西宁市| 望奎县| 安陆市| 时尚| 安溪县| 吴川市| 玛纳斯县| 闵行区| 洪江市| 甘肃省| 辽阳市| 信丰县| 开平市| 凭祥市| 鲁甸县| 浪卡子县| 正定县| 太仆寺旗| 景德镇市| 万宁市| 永昌县| 柞水县|