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By the end of June, 14 provincial-level regions including Beijing and Shanghai had signed contracts to entrust a total of 585 billion yuan (about billion) in pension funds to the National Council for Social Security Fund (NCSSF), according to Lu Aihong, spokesperson with the Ministry of Human Resources and Social Security.
By contrast, other houses made of brick and concrete with flat roofs are a bit more costly. Though the structures are only one story, steel reinforcing bars can sometimes be seen sticking out of the concrete, so that another story may be added later, Li said.
CEO Daniel Houston said the challenges for the Principal Financial Group to develop its business in China included the need to persuade employers to adopt enterprise annuities, making Chinese people comfortable about using the sector's products to invest for the long term, and forming a good working relationship with the industry regulators.
CAREC's new strategy will enhance its convening power for high-level policy dialogue among ministers and senior officials on key development issues. This dialogue needs to be backed with high-quality research by the CAREC Institute, which recently became an intergovernmental organization, and from member countries and development partners to build capacity in areas including education, health, and financial and economic stability.
By now most companies have reported second-quarter or interim results, and analysts have been revising 2019 earnings forecasts downwards as a result. But some sectors have held up better than others.
来源：资阳报