Saturday, December 10, 2016

Vice Chairman of the social security fund is seeking some unlisted State owned

Social Security Fund Deputy, Chairman of Wang zhongmin December 10 in China pension financial 50 people Forum Shang revealed, near one years social security fund has been in towards will not listed of State-owned equity among has value-added potential and can brings cash returns of part equity was placed under the social security, another has part State-owned equity assets, Social Security Fund also "wants to", but these assets in currently of reality assets physical form among and no play how many value. International study called artemisinin or cure

Wang zhongmin referred to did not play many valuable assets are State-owned organs, enterprises, companies, institutions, as bases of health, training, education and assets, those assets are in different places in the past real or tangible assets exist, but because the function of conversion and transfer of the main organization goals, these assets are inefficient or even abandoned.

"From old-age financial point of view, these assets could become the most popular piece of social security fund assets. This is social collection of State-owned assets of the pension service some basic thinking. "Wang zhongmin said.

The social security fund has been a subject of collection and transfer of State-owned assets. According to Wang zhongmin introduction over the past 15 years 10% of the State-owned listed companies collect funds to funds or stock rights allocated in the form of social security funds, the overall size of about 250 billion, constitute a major part of the funding of the social security fund in the past.

(Original titled Wang zhongmin: seeking part of unlisted State-owned shares was placed under the national social security fund)

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