21 October 2018

NSSF 2012 income up 22% at 3.14 trln yuan, Xinhua says

China’s National Social Security Fund (NSSF) has booked total income of 3.14 trillion yuan (US$515.59 billion) in 2012, representing a rise of 22 percent over the previous year, while total expenditure for the year was 2.39 trillion yuan, up 27 percent, the official Xinhua news agency reported Wednesday, citing data released by the Ministry of Finance. Fiscal balance for the year was 748 billion yuan, while the accumulated balance as of the end of 2012 was 3.754 trillion yuan, the report said.

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