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China's pension funds not responsible for boost tepid stock mkt

BEIJING
2015-08-28 17:06

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Boosting tepid stock prices is not the function and responsibility of China's huge pension funds and timing for such funds to enter the stock market should be decided according to the market, said vice minister of human resources and social security.

You Jun, vice minister of Ministry of Human Resources and Social Security (MOHRSS), said at a press conference on Friday that main purposes of investment of China's huge pension funds are to realize value maintenance of the funds in the precondition of funds safety.

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