China will endeavor to raise the value of the national social security fund (SSF) to exceed 1 trillion yuan by the end of 2010, with an average annual rate of return over the same period of the rate of inflation, according to the proposals made at the first session of the third meeting of National Council for the Social Security Fund members held in Beijing.
China will replenish the national security fund through a variety of channels; and further expand capital value and direct investment into finance, transportation and energy, and equity fund investment projects.
By the end of 2007, national social security fund assets were worth 516.2 billion yuan.
By People's Daily Online
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