www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

New measures target economic growth points amid slowdown

(Xinhua) Updated: 2015-04-03 09:50

BEIJING - The Chinese government has come up with new measures to shore up the economy after key data pointed to continued weakness and increasing downward pressure.

The State Council, China's cabinet, on Wednesday announced that it will allow the administrators of the social security fund to invest it in local debt, and that it will boost e-commerce by cutting red tape and liberalizing investment regulation in the sector. It also urged local governments to make appropriate and full use of their budgets.

Social security in China refers to government programs aiming to promote the health and well-being for the population at large. The government will provide help at times when the enrolled people are sick, disabled, unemployed or giving birth to babies, etc. On August 1, 2000, China established the National Social Security Fund (NSSF), the nation's pension fund, and the National Council for Social Security Fund(SSF)to manage and operate the assets of the NSSF.

The funding sources of the NSSF include fiscal allocation from the central government, allocation from the lottery public welfare proceeds, individual contributions and capital raised by other methods approved by the State Council and the investment proceeds therefrom.

The above-mentioned cabinet's measures came a few hours after the release of two separate indexes of China's factory activity for March, the first really telling indicators of the economy's health as January and February data were skewed by seasonal factors.

The official purchasing managers' index (PMI) for manufacturing edged higher last month, showing a modest sign of improvement in the sector. But the good news was overshadowed by a weaker HSBC PMI reading, which was down from February and stuck in contraction territory.

More troubling for policy makers was the fact that both indices pointed to less robust employment.

The State Council on Wednesday told the National Council for the Social Security Fund that it could start investing the 1.2 trillion yuan ($195.4 billion) fund, a kind of income tax-cum-pension scheme, in local government bonds and other financial instruments.

The new rules allow the council to invest up to 20 percent of its portfolio in corporate and local government bonds. Previously, it was only allowed to invest up to 10 percent in corporate bonds.

The shift came as the Chinese government strives to tackle problems related to an aging population and ease the budget strains of local governments amid slowing economic growth and a property market downturn.

The move aims to increase the investment returns of the fund, while diversifying risks, said Zheng Bingwen, director of the social security center under government think tank the Chinese Academy of Social Sciences.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产精品爱久久久久久久小 | 男女免费观看视频 | 亚洲男人天 | 欧美5g影院天天爽天天看 | 国产精品一区久久精品 | 久久久9999久久精品小说 | 亚洲欧美综合一区二区三区四区 | 国产一区二区不卡 | 国产成人福利夜色影视 | 欧美成人久久久 | 日本欧美一级二级三级不卡 | 亚洲三级在线观看 | 精品久久久久久中文字幕 | 黄色网址国产 | 亚洲第一视频在线观看 | 97精品国产福利一区二区三区 | 欧美日韩一日韩一线不卡 | 国美女福利视频午夜精品 | 九九爱精品 | 欧美性猛交xxx免费看人妖 | 精品欧美日韩一区二区三区 | 91国在线高清视频 | a级一级毛片 | 97欧美精品一区二区三区 | 欧美三级一级 | 欧美与黑人午夜性猛交久久久 | 久草免费在线视频观看 | 国产精品一区高清在线观看 | 美女视频黄a| 92精品国产自产在线观看 | 久青草国产97香蕉在线视频xx | 亚洲综合久久1区2区3区 | 成人黄18免费网站 | 欧美一级在线毛片免费观看 | 日韩成人在线观看视频 | 久久精品亚洲 | 国产成人v视频在线观看 | 国产成人精品本亚洲 | 九九这里只精品视在线99 | 亚洲国产欧美日韩第一香蕉 | 91国语精品自产拍在线观看一 |