National Council of Social Security Fund President Xiang Huaicheng said on Mar. 28 that the total assets of national social security fund stood at 170.8 billion yuan by the end of 2004, realising a profit of 4.27 billion yuan.
The total amount of national social security fund topped 170.8 billion yuan by the end of 2004, a year-on-year increase of 38.3 billion yuan. According to the risk conditions, the distribution of assets can be divided into four categories: the first category is the low-risk bank deposit investment with the amount of 66.7 billion yuan, accounting for 39 percent of the total assets; the second category is the relatively low-risk bonds investment of 74.4 billion, yielding 43 percent of the total asset; the third category is the equity investment that presents a certain amount of risk, amounting to 11.3 billion yuan and taking up seven percent of the total assets, the last category is stock investment, 18.4 billion yuan, making up 11 percent of the total asset.
By People's Daily Online