Xinhua over the weekend:
- China plans to let its main state pension fund invest in the stock market for the first time
- Under the new rules, the fund will be allowed to invest up to 30% of its net assets in domestically-listed shares
- The move is the latest attempt by the Chinese government to arrest the slide in the country's stock market.
- The fund will be allowed to invest not just in shares but in a range of market instruments, including derivatives. By increasing demand for them, the government hopes prices will rise