三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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: 国产精品久久久久久久 | 成人免费国产gav视频在线 | 中文字幕亚洲综合久久2 | 找国产毛片 | 国产又色又爽又黄的网站在线一级 | 国产在线视频自拍 | 99热在线免费观看 | 色老头一级毛片 | 一级做a爱过程免费视频时看 | 欧美另类亚洲一区二区 | 成人免费视频大全 | 日韩中文有码高清 | 国产呦系列 欧美呦 日韩呦 | 91精品在线播放 | 亚洲成人在线观看视频 | 国产91香蕉视频 | 中文字幕亚洲图片 | 992tv快乐视频在线啪啪免费 | 美女一级一级毛片 | 在线观看www日本免费网站 | 曰韩在线视频 | 日韩一区二区三区不卡视频 | 久久精品国产欧美 | 成年大片免费视频播放手机不卡 | 一级做a爱片特黄在线观看 一级做a爱片特黄在线观看免费看 | 婷婷四房综合激情五月性色 | 毛片在线看网站 | 骚骚精品免费看 | 午夜婷婷网 | 国产亚洲精品欧美一区 | 国产高清视频一区二区 | 亚洲欧美日韩国产 | 日本免费不卡一区二区 | 在线观看麻豆国产精品 | 亚洲欧美日韩中文综合v日本 | 精品视频 久久久 | 亚洲第一页在线播放 | 亚洲人人精品 | 欧美日韩一区二区三区免费 | 色男人的天堂 | 亚洲五月花 |