Professor Suggests Selling State-owned Assets to Finance Social Security Fund

By The Beijing News
Published: 2010-12-06

State-owned enterprises have accumulated 40 trillion yuan in state-owned assets. Zhou Tianyong, deputy director of the research department of the Party School of the CPC Central Committee, proposed in the international forum of “Income Distribution Reform and Increasing the Speed of the Economic Development Model Transformation” yesterday that some of these assets be sold to finance China’s social security fund.

 

Source
The Beijing News


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