China’s Pension Fund Balance Increases to $307 Billion

The balance of China’s national pension fund rose to 1.95 trillion yuan ($307 billion) at the end of 2011, the Ministry of Human Resources and Social Security said, without giving the year-earlier figure.

Revenue rose 26 percent in 2011 from a year earlier to 1.69 trillion yuan, as expenditure gained 21 percent to 1.28 trillion yuan, according to a report released by the ministry yesterday.

The national social security system, including the pension fund and four social-insurance funds, had about 3.02 trillion yuan in total assets at year-end.

To contact Bloomberg News staff for this story: Feifei Shen in Beijing at

To contact the editor responsible for this story: Joshua Fellman at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.