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National Council for the Social Security Fund

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National Council for the Social Security Fund is China's pension fund. It is estimated it has around $50 billion in its accounts. It was formed in 1997. The fund achieved a 9.3% annual return in 2006. The fund has 10 portfolio managers.


Xiang Huaicheng is the Chairman.

Gao Xiqing was the Vice-Chairman of the fund between 2003—2007

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