Dai Xianglong: It Is Imperative For The Pensions To Enter The Market; &Nbsp Is Not The City's Bailout.

Whole country social security Dai Xianglong, director general of the Fund Council, said 14, setting up specialized agencies to invest centrally. Operate It is imperative to invest in stocks in a certain proportion. He also said that the pension market is not the government's "market bail-out".

At the annual China economic conference held here, Dai Xianglong said, "I have always advocated that conditional pensions can invest in stocks in a certain proportion." He emphasized that the pension for entering the market means having reserve The pension fund that accumulates and keeps the nature of rolling is not a pay as you go pension.

Dai Xianglong served as governor of the Central Bank of China for many years and served as chairman of the National Social Security Fund Council in 2008. By the end of 2010, the national social security fund had managed more than 850 billion yuan (RMB, the same below). At the end of 2011, the scale was over trillion. According to official estimates, by the end of 2015, the scale of social security funds is expected to exceed 1 trillion and 500 billion yuan.

Pension market entry is an internationally accepted practice. Dai Xianglong pointed out that similar pensions in European and American countries have already entered the stock market, and the proportion of investment has reached 50%. In the long run, this is a "stable source of income".

Beginning in 2003, Dai Xianglong, director of the National Council for social security fund, said on 14 this day that the establishment of specialized agencies to invest in operating pensions is imperative. He also said that the pension market is not the government's "market bail-out".

At the annual China economic conference held here, Dai Xianglong said, "I have always advocated that conditional pensions can invest in stocks in a certain proportion." He emphasized that the pension for entering the market is a pension fund with reserve, accumulation and stable nature, rather than a pay as you go pension.

Dai Xianglong served as governor of the Central Bank of China for many years and served as chairman of the National Social Security Fund Council in 2008. By the end of 2010, the national social security fund had managed more than 850 billion yuan (RMB, the same below). At the end of 2011, the scale was over trillion. According to official estimates, by the end of 2015, the scale of social security funds is expected to exceed 1 trillion and 500 billion yuan.

Pension market entry is an internationally accepted practice. Dai Xianglong pointed out that similar pensions in European and American countries have already entered the stock market, and the proportion of investment has reached 50%. In the long run, this is a "stable source of income".

Since 2003, the highest proportion of the national social security fund investing in stocks is 40%. Dai Xianglong said, "under normal circumstances, we are around 30%", and the contribution rate of stock investment income is around 50%. He also called the national social security fund and domestic and foreign strategies. Investment According to the same standard and same condition, people participate in the reorganization and listing of state-owned enterprises.

A shares have been dropping down in recent months, even dropping back to ten years ago. Dai Xianglong, chairman of the securities and Futures Commission, Guo Shuqing and other senior financial officials have recently made a statement that "pension should invest in the stock market", which is interpreted by the market as a major measure for the government to rescue the market.

Dai Xianglong said today that pensions invest in the stock market. They should stick to long-term investments, value investments and responsible investments, which are conducive to the stability of the stock market objectively.

Last month in a forum in Beijing, Dai Xianglong said that the proportion of pension investment stocks should be lower than that of social security fund 40%, which is higher than that of commercial pension insurance 25%. The direction should be the diversification of assets portfolio, the marketization of entrusted investment and the legalization of supervision and management.

In the 12th Five-Year plan, Chinese officials put forward "actively and steadily promoting the investment and operation of pension funds". Dai Xianglong pointed out that the establishment of specialized agencies to invest and operate part of the basic pension of rolling social sectors and to invest stocks in a certain proportion is an important measure to promote the maintenance and increment of basic pension funds.

Dai Xianglong previously revealed that at present, the social basic pension insurance fund managed by the local government of China has been kept until 2011, or more than 1 trillion and 800 billion yuan. But since it can only be put into financial accounts and invested in bank deposits and treasury bonds, the average annual investment yield after inflation has been negative for 10 years. The highest proportion of investment in stocks by the national social security fund is 40%. Dai Xianglong said, "under normal circumstances, we are around 30%", and the contribution rate of stock investment income is around 50%. He also said that the national social security fund and domestic and foreign strategic investors participated in the reorganization and listing of state-owned enterprises in accordance with the same criteria and conditions.

A shares have been dropping down in recent months, even dropping back to ten years ago. Dai Xianglong, chairman of the securities and Futures Commission, Guo Shuqing and other senior financial officials have recently made a statement that "pension should invest in the stock market", which is interpreted by the market as a major measure for the government to rescue the market.

Dai Xianglong said today that pensions invest in the stock market. They should stick to long-term investments, value investments and responsible investments, which are conducive to the stability of the stock market objectively.

Last month in a forum in Beijing, Dai Xianglong said that the proportion of pension investment stocks should be lower than that of social security fund 40%, which is higher than that of commercial pension insurance 25%. The direction should be the diversification of assets portfolio, the marketization of entrusted investment and the legalization of supervision and management.

In the 12th Five-Year plan, Chinese officials put forward "actively and steadily promoting the investment and operation of pension funds". Dai Xianglong pointed out that the establishment of specialized agencies to invest and operate part of the basic pension of rolling social sectors and to invest stocks in a certain proportion is an important measure to promote the maintenance and increment of basic pension funds.

Dai Xianglong previously revealed that at present, the social basic pension insurance fund managed by the local government of China has been kept until 2011, or more than 1 trillion and 800 billion yuan. But since it can only be put into financial accounts and invested in bank deposits and treasury bonds, the average annual investment yield after inflation has been negative for 10 years.