摘要
According to an auditing report on the national social security fund released by the National Audit Office (NAO), the 2.7-trUlion-yuan ($437.6-billion) pension fund suffered losses of 17.8 billion yuan ($2.88 billion) in 2013 because of negative interest rates.
Investment channels should be diversified to prevent depreciation of China’s pension fundsAc c o r d i n g t o a n auditing report on the national social security fund released by the National Audit Office(NAO),the 2.7-trillion-yuan($437.6-billion)pension fundsuffered losses of 17.8 billion yuan($2.88 billion)in 2013 because of negative interest rates.