Anniversary Celebration.docVIP

Anniversary Celebration 　　A flag-raising ceremony is held at the Golden Bauhinia Square in the Hong Kong Special Administrative Region on July 1 to celebrate the 18th anniversary of Hong Kong’s return to China. 　　Hong Kong Chief Executive Leung Chun-ying attended the ceremony. Government Flying Service helicopters provided a simultaneous fly-by over the harbor. Local people witnessed the solemn ceremony. 　　 CPC Members 　　The Communist Party of China （CPC） had a total of 87.793 million members at the end of 2014， the Organization Department of the CPC Central Committee said on June 29. 　　CPC members increased by 1.1 million compared to 2013， up 1.3 percent. The grassroots Party units increased by 56，000 to 4.36 million， also up 1.3 percent， the department said in a communique published ahead of the 94th anniversary of CPC’s founding on July 1. 　　In 2014 the CPC recruited 2.057 million new members. A total of 1.693 million new members were under the age of 35， accounting for 82.3 percent of all new members in 2014， up 0.6 percentage points from that of 2013. A total of 38.8 percent of new members have college degrees or above， up 2.6 percentage points from that of 2013. 　　The Party had 21.672 million female members as of the end of 2014， up 0.4 percentage points. A total of 37.755 mil- lion members， or 43 percent of the total， have college degrees or above， up 1.4 percentage points. 　　 Pension Fund Investment 　　Absolute safety must be guaranteed as China considers diversifying its massive pension fund investments to bolster their value， the Ministry of Human Resources and Social Security （MHRSS） said on June 30. 　　In China， urban employees pay for their pension before retirement and usually get a pension equal to about half of their previous salary. 　　Money in the fund， roughly 90 percent of the country’s total social security fund pool， previously restricted deposits to banks and investments to treasury bonds， respectively. Both options offer important