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China Daily Website

Pension investments seek expansion

Updated: 2013-06-25 20:48

The top securities regulator is focusing on expanding asset management companies' pension fund investments.

The investment operators will be professional large asset management institutions, Xu Hao, deputy chief of the Fund Management Department of China Securities Regulatory Commission, said on Monday.

To expand pension fund investment is an opportunity to develop the asset management industry and the bottom line is to ensure asset security, Xu said.