Qingdao International Nonferrous Metals Agency Investment

Qingdao International Nonferrous Investment Consulting, QQ, Qingdao International Nonferrous Investment sincerely cooperates with Qingdao International Nonferrous Metals Trading Center. Trading varieties include: silver, asphalt, copper, aluminum, and nickel. The market is stable, we are sincerely looking for agents, franchises, funds are entrusted by the national bank, funds are safe, various precious metal investment account opening channels, recruiting company agents, personal agents.
The person in charge of a provident fund management center in a province in central China said that the local government As a government fund, it is linked to the deposits and loans of local financial institutions. The government also issued a document, led by the General Office, to see how much loans each financial institution gives to the local area, and then consider which bank the provident fund is deposited in, even if each provident fund deposit is transferred when it expires. To save money, the government must approve it, which is not only unfounded by law, but also makes it difficult for the center to control the money if the local government misuses it, otherwise the title of director of the center will be removed.
There are rising calls for the establishment of a provident fund spot investment bank
The reporter learned that the housing provident fund is subject to localized closed management, and funds between regions cannot be transferred and used, resulting in some areas having money but no loans, and some areas having loans. No money situation. The supply of funds in some cities is tight, while in cities in the central and western regions, large amounts of funds remain idle, turning them into low-cost operating funds for banks. The latest statistical report provided by the Provident Fund Supervision Department of the Ministry of Housing and Urban-Rural Development shows that the provident fund personal loan rate in Baotou, Yuncheng and other cities is less than %, and the provident fund utilization rate in some areas reaches more than %. Liquidity risks can easily exceed dangerous critical levels.
Shen Zhengchao, director of the Shanghai Provident Fund Management Center, also pointed out that under the current system, the provident fund centers in various cities are not connected with each other. When the real estate market is good, the provident fund liquidity is insufficient, and when the market is poor, there is excess liquidity. However, the provident fund is unevenly distributed in droughts and floods, and cannot be adjusted and used, making it difficult to form the joint force required to fight drought and floods.
In addition to the increasingly prominent liquidity risks, provident funds also present problems such as waste of existing funds and prominent contradictions in depreciation. A large amount of idle funds in provident fund centers in various places are deposited in banks as ordinary deposits, turning them into low-cost deposits for banks, while depositors receive no benefits. On the other hand, the interest on personal account deposits cannot offset rising prices, resulting in devaluation, which directly leads to the proliferation of fraudulent withdrawals from provident funds.
In addition, the Provident Fund’s response to national strategic needs and social transformation needs is obviously insufficient. The housing provident fund is a product of the transition period from the planned economy to the market economy. Nowadays, housing supply has been highly market-oriented, and the labor force and housing allocation have been socialized. However, the pressure on housing security in my country is very high, with hundreds of thousands of affordable housing units being built every year. Tasks have become the primary pressure on many local governments' finances. Many places are heavily in debt for this purpose, and trillions of provident funds are sleeping in the bank, which cannot help.