Briefly

Cargo throughput sees stable growth

Cargo throughput at Chinese ports posted stable growth during the first 10 months of this year, expanding 3.7 percent on a yearly basis to 11.93 billion metric tons, according to official data. At the beginning of this year, the Ministry of Transport expanded the statistical range from major ports to all ports across the country. Foreign-trade cargo throughput stood at 3.76 billion tons in the January-October period, up 4.4 percent on a yearly basis, according to the ministry. Meanwhile, container throughput at ports dipped by 0.03 percent on a yearly basis to 217 million twenty-foot equivalent units during the same period, the ministry said.

Pension fund gets 9% ROI in 2019

China's basic pension fund posted a return on investment of 9.03 percent in 2019, the Ministry of Human Resources and Social Security said. The fund, run by the National Council for Social Security Fund, earned investment income totaling 66.39 billion yuan ($10.09 billion) last year, according to data provided by the ministry. Total assets of the fund crossed 1 trillion yuan by the end of last year. China started market operations of the pension fund in 2016, with the aim of preserving and increasing its value.

Xinhua