November 27, 2017 / 3:31 AM / 21 days ago

BRIEF-China Social Security Fund deposits up 8.1 pct y/y in 2016

BEIJING, Nov 27 (Reuters) - China’s Ministry of Finance said on Monday:

* deposits of China’s social security fund rose 8.1 percent from a year earlier to 5.011 trillion yuan ($759.17 billion) in 2016

* withdrawals of China’s social security fund rose 11.5 percent from a year earlier to 4.36 trillion yuan in 2016

* total balance of social security fund logged 6.54 trillion yuan by the end of 2016 ($1 = 6.6006 Chinese yuan) (Reporting by Beijing Monitoring Desk)

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