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China Daily | Updated: 2017-11-21 08:06
Transferring State assets to social security fund
国资划转社保 (guózī huàzhuǎn shèbǎo)
The State Council, China's Cabinet, recently released a document indicating shares of State-owned enterprises and financial institutions will be transferred to the country's social security fund. This move aims to ease the pressure of pension payments.
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