CHINA'S corporate annuity fund will experience a robust growth over the coming years, reaching 1 trillion yuan (US$142.86 billion) in 2010 and 8 trillion yuan by 2030, according to governmental forecast.

Every month, more than 30,000 Chinese enterprises and their employees paid into the corporate annuity fund, one of the pillars of the country's fledgling insurance system for retirees, said Tang Jisong, an official with the Ministry of Human Resources and Social Security. Tang said 38 companies were undergoing consideration as qualified managers and investors of the fund.