China's Social Security Fund Investment Strategy

The investment and management of the social security fund plays a very important role in constructing the social security system. With the accelerating trend of aging in our country, the expense of the social security fund becomes more tremendous. In future, a severe deficit will appear in operating the social security fund. Now the country's policy allows gradually that the social security fund can be invested in stock market and other financial market, and then how to hold or add value to the social security fund by investing in the financial market becomes a more crucial problem.The article consists of four chapters and it explains the investment strategy of the social security fund and some executing problem systemically and practically. At first, it introduces the concept and principle of the investment of the social security fund and investment theory to the readers. And then the writer analyses the investment strategy of the social security fund nowadays in our country, including the investment orientation, investment structure and some factors that have influence upon the investment. After that, the writer introduces some foreign investment strategy of the social security fund and analyses comparatively our country's investment strategy and then raise some foreign successful experience that can be used for reference. At last, on the base of previous analysis, the writer offers some proposals to our country's investment strategy of the social security fund, including the financial products innovation, the investment on the real estate and the preponderant industries and even in foreign financial markets.The writer hopes that the article can supply reference to those researchers and working officers that do a research on the investment of the social security fund.