日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Banks likely to set up pension fund firms

By Zhang Ran (China Daily)
Updated: 2007-06-12 08:22

Banks will soon be allowed to set up specialized fund management firms to tap the country's rapidly expanding pensions kitty, according to sources.

Overseas investors will also be able to take part in these ventures by holding no more than a 49 percent stake.

The Ministry of Labor and Social Security (MLSS) and China's banking regulator will draft a rule that will allow commercial banks to thus move into corporate pensions management, an MLSS official told China Daily yesterday.

Related readings:
 New rule likely on pension funds Corporate pension funds allowed to enter bond market
 Social security fund to invest US$13b State pension fund seeks safe investments
 Pension fund positive on stocks in long run

These bank-owned fund management firms are likely to be issued licenses by August to become the second batch of qualified managers of corporate pensions, according to the official, who did not want to be named.

He said a few banks have already submitted their applications to set up such firms.

In August 2005, the MLSS approved 37 companies as the first batch of qualified managers of corporate pension funds. These included only two specialized pension fund management firms.

"Most companies in the first batch were existing financial institutions, and only two of them were specialized corporate pensions managers," a source close to the China Banking Regulatory Commission said.

"There's rising demand to set up professional firms in order to better manage these funds and reduce risks," he said. "On the other hand, it helps banks to expand into new businesses."

Every month, 24,000 Chinese enterprises and their employees pay into corporate pension funds. These funds, which cover 9.64 million people in China, totaled 91 billion yuan at the end of 2006. The number is expected to reach 1.5 trillion yuan by 2030, making China the third-largest corporate pension fund market in the world.

Professional investors are now handling only 15.8 billion yuan of this huge kitty.

Increasing the number of qualified managers this year will provide companies with more options, said Liu Yongfu, vice-minister of the MLSS, in April, adding that more and more enterprises, especially small and medium-sized ones, will contribute to this type of fund.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 操夜夜| 日韩国产在线播放 | 免费一级片 | 国产综合在线视频 | 中文字幕视频一区 | 四虎精品视频 | 国产视频一区在线观看 | 亚洲综合精品 | 久久久成人精品视频 | 日本亚洲黄色 | 亚洲精品2 | 国产黄色一区二区 | 手机看片日韩欧美 | 亚洲成人偷拍 | 西西特级444大胆高清张悠雨 | 在线看污视频 | 欧美黑人狂野猛交老妇 | 国产毛片在线 | 悠悠色综合 | 蜜臀av一区二区三区有限公司 | 久久a久久 | 一区二区三区在线观看视频 | 97在线超碰| 久久影视 | 日本黄在免| 在线观看中文字幕第一页 | 欧美日韩中文字幕在线 | 国产日本一区二区 | 国产三级久久 | 久久黄色免费网站 | 密桃成人av | 影音先锋男人在线 | 天天舔天天爱 | 午夜小福利 | 少妇白浆 | 特黄特色大片免费播放器使用方法 | 国产二区自拍 | 国产精品www爽爽爽 国产一区二区免费在线 | www日韩精品 | a在线天堂 | 99久久影院 |