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KM Financial Solutions | China to transfer state assets to pension fund in bid to boost shortfall
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China to transfer state assets to pension fund in bid to boost shortfall

17 Nov China to transfer state assets to pension fund in bid to boost shortfall

Posted at 05:32h in News by
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BEIJING, Nov 18 (Reuters) – China will begin a pilot
programme this year to transfer shares in state-owned firms to
social security funds in an effort to make up for shortfalls in
the nation’s pension scheme, according to a notice published by
the cabinet on Saturday.

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