Jan 15, 2022 11:39 AM (GMT+8) · EqualOcean
Cailian, January 15 (Xinhua) -- Cao Yu, member of the Party committee and vice chairman of the China Banking and Insurance Regulatory Commission, said at the global wealth management forum • Shanghai suhewan summit today that by the end of 2021, there were 36300 existing bank financial products, the number of investors reached 81.3 million, and the annual income for investors was nearly 1 trillion yuan. In addition, he disclosed that by the end of November 2021, the funds directly allocated by the asset management products of banking and insurance institutions to the real economy were nearly 40 trillion yuan, accounting for about 13% of the stock of social financing scale in the same period. Financial management, insurance asset management and trust funds have invested more than 27 trillion yuan in stocks and bonds directly or indirectly, providing a long-term and stable source of funds for the capital market.