Date
19 October 2017

Ministry eyes housing provident fund manager, paper says

China is considering a financial entity to manage its housing provident fund, 21st Century Business Herald reported Friday, citing the Ministry of Housing and Urban-Rural Development. A feasibility study is under way. The fund was worth 2.07 trillion yuan (US$340.23 billion) at the end of 2008, the latest period for which official data is available, the report said.

– Contact HKEJ at [email protected]

EL/AC/RA

 

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