-
Important news
-
News
-
Shenzhen
-
China
-
World
-
Opinion
-
Sports
-
Kaleidoscope
-
Photos
-
Business
-
Markets
-
Business/Markets
-
World Economy
-
Speak Shenzhen
-
Leisure
-
Culture
-
Travel
-
Entertainment
-
Digital Paper
-
In-Depth
-
Weekend
-
Newsmaker
-
Lifestyle
-
Diversions
-
Movies
-
Hotels and Food
-
Special Report
-
Yes Teens!
-
News Picks
-
Tech and Science
-
Glamour
-
Campus
-
Budding Writers
-
Fun
-
Qianhai
-
Advertorial
-
CHTF Special
-
Futian Today
在线翻译:
szdaily -> Business -> 
At a Glance
    2020-11-26  08:53    Shenzhen Daily

Pension fund

CHINA’S basic pension fund saw a return on investments of 9.03 percent last year, the Ministry of Human Resources and Social Security said Tuesday.

The fund, run by the National Council for Social Security Fund, earned investment income totaling 66.39 billion yuan (US$10.09 billion) last year, data from the ministry shows. The total assets of the fund had reached over 1 trillion yuan by the end of last year. China started market operation of the pension fund in 2016, with the aim of preserving and increasing its value.

Chongqing opening up

THE country will support the Chongqing Municipality in playing a bigger role in the country’s financial opening-up, according to Shanghai Securities News.

The municipality will enjoy greater support to further expand access to its financial industry and promote the sector’s opening up, Chen Yulu, vice governor of the People’s Bank of China, the country’s central bank, was quoted as saying at the China-Singapore (Chongqing) Connectivity Initiative Financial Summit 2020 held in Chongqing.

Free trade network

CHINA will step up efforts to expand the free trade area network across the world to enlarge its “circle of friends,” according to China’s Commerce Minister Zhong Shan.

After signing the Regional Comprehensive Economic Partnership (RCEP), China will see the China-Cambodia free trade agreement take effect at the earliest and accelerate investment agreement negotiations with Europe, Zhong said in a signed article published Tuesday in the People’s Daily. Zhong also urged efforts to upgrade the existing trade pacts with ASEAN, Singapore, Republic of Korea and New Zealand.

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010-2020, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@126.com