论社保资金进入证券市场的意义与途径

The Social Security Fund： the Way and Significance towards the Security Market

国企改革的作用越来越被人们所认识，巨大的社会保障支出要求寻找提高社保资金管理效率、使社保资金保值增值的途径。按照国际惯例，社保资金可以由政府控制的中央基金机构管理，也可以交给专业基金管理公司管理。不论采取哪一种管理方式，社保资金进入证券市场都是最有效的途径之一，社保资金进入证券市场不仅实现自身的保值增值还可促进证券市场的健康发展。

People recognize gradually that the social security system plays more and more important roles in the reforming the SOEs and to our economic development. The huge amount of the social security fund needs a way to increase the management efficiency of the fund, preserve and increase the value of the fund. According to international practice, the social security fund may take care by a central fund managerial body of the government or may deliver to a specialized company to manage the fund. No matter what ways of management, the way which the social security fund enters into the security market is one of th e most effective ways. The fact that the social security fund runs in the securi ty market not only preserves and increases the value of the fund, but also promo tes the development of the security market soundly.