Investment And Management Of The Personal Account Fund In China

In order to deal with the increasingly serious problem of the ageing of the population,The State Council in 1997 decided to establish a social co-ordination and personal accounts with the basic old-age insurance system.But in the course of the actual operation,from the original system are changing to a funded pooling systerm accumulated a lot of restructuring costs.Government, as the ultimate social security system responsible for security at the end of the huge hidden debts,this led directly to the personal account funds were misappropriated or long-term "empty account" operation.Since the beginning of 2001 the first national pilot provinces individual accounts is done , after gradually spread nationwide,accumulating more and more from the individual accounts of the fund will become a reality.With individual accounts throughout the country continue to accumulate funds,the personal accounts of huge funds to preserve and increase the value-added problem becomes particularly urgent.Through the personal accounts of the status of the fund's investment management analysis,found in the actual investment management process some problems do exist,turned on the investment environment in China's current research,at the same time learning from countries such as Chile and Singapore in the individual accounts of the fund's investment management experience,finally working out for my personal account the Fund's investment management system.