China basic pension fund posts 0.33% investment gain in 2022

📆 04/11/2023 06:24:00
📰 ChannelNewsAsia

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SHANGHAI : The basic pension fund managed by China's social security fund gained 5.1 billion yuan, or 0.33 per cent in 2022, down from a 4.9 per cent gain in 2021, the National Council for Social Security Fund said on Saturday.

A view of the city skyline, ahead of the annual National People's Congress , in Shanghai, China February 24, 2022. REUTERS/Aly Song/File Photo

China's stock benchmark CSI 300 lost 21.6 per cent in 2022 and so far this year is down 7.4 per cent.

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