BEIJING, Sept. 22 (Xinhua) -- A senior Chinese
official on Saturday urged accelerating the building of a social security system
that covers both urban and rural areas, noting it's important for achieving
sustainable economic and social development.
Addressing the opening ceremony of
the China Social Security Forum in Beijing, State Councilor Hua Jianmin called
for paying attention to the welfare and interests of both this generation and
future generations.
China's social security system, which used to be
completely financed by the state, is now co-financed by the state, institutions,
and individuals, said Hua, who is also secretary general of the State Council.
The forum was attended by over 500 people, including
representatives of government departments, international organizations and local
social security agencies.
BEIJING, Sept. 22 (Xinhua) --
China's Labour and Social Security Minister Tian Chengping urged the country to
accelerate legislation over social insurance on Saturday.
Addressing a national social security forum in
Beijing, he said the country's social security work still lacks laws or
high-level laws to go by. Full story
State-owned units to help cover social
security costs
BEIJING, Sept.15 -- China's central government plans to start
collecting dividends from all state firms under its direct control starting next
year, and part of the money will be used for social security expenses.
The program will be piloted first within select
central government-controlled enterprises, the State Council, China's Cabinet,
said in a statement late on Thursday, without naming any of the firms. Full story
Urban rail lines get $130 mln from
China's social security fund
BEIJING, Sept. 9 (Xinhua) -- China's National Council for
Social Security Fund (NSSF) has agreed to invest one billion yuan (131.6 million
U.S. dollars) to finance construction of two urban rail transit lines in
Beijing.
The NSSF has entrusted China Pingan Trust &
Investment Co., Ltd. (PATIC) to manage the investment, according to an agreement
signed by the SSF, the PATIC and Beijing Infrastructure Investment Co. Ltd. last
Thursday. Full story
