China Financial Daily

Provident Fund balance in 2008 deposited more than1.2 trillion yuan
News on March 23, Ministry of Construction released “2008 National Housing fund management information” showed that in 2008 the National Housing fund to continue to increase with steady growth, while the deposit balance reached more than 1.2 trillion yuan.

At the same time, the real estate market affected by the impact of economic decline, fund personal loans growt slowing down, and the use of funds encounter lower efficiency.

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