综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Financial investment in China rises as insurance funds diversify

By Jiang Xueqing | chinadaily.com.cn | Updated: 2019-08-16 13:33
Share
Share - WeChat
Insurance companies give full play to their advantages as long-term institutional investors to promote stabilization and development of capital markets. [Photo/IC]

China's insurance funds posted a 5.56 percent annualized rate of return on financial investment in the first half of 2019, up by 0.8 percentage points year-on-year.

While the overall return on investment for insurance funds remained steady, the size of the insurance sector grew at a double-digit pace. At the end of June, the insurance sector's total assets amounted to 19.5 trillion yuan ($2.77 trillion), while the balance of utilized insurance funds reached 17.4 trillion yuan. Both figures increased by more than 10 percent year-on-year, according to data released by the Insurance Asset Management Association of China on Thursday.

To diversify risk and maintain asset safety, around 70 percent of insurance funds are put in fixed income assets.

Official data shows that insurance funds are allocated to diversified asset classes, of which bank deposits account for 15.2 percent, bonds 34.5 percent, stocks and securities investment funds 12.6 percent, and other investments 37.8 percent.

Other investments include long-term equity and debt investment plans for insurance assets. At the end of June, the volume of debt and equity investment plans registered at the association reached 2.39 trillion yuan and 310 billion yuan, respectively.

The balance of insurance funds invested in stocks both directly and indirectly in the secondary market hit 2 trillion yuan at the end of June. Currently, the volume of insurance funds invested in stocks accounted for 3.1 percent of the value of China's A-share market.

"Adhering to the strategies of long-term investing, value investing, diversified investing and prudent investing, insurance companies give full play to their advantages as long-term institutional investors to promote stabilization and development of capital markets," said Cao Deyun, executive vice-chairman and secretary-general of the Insurance Asset Management Association of China.

To play a role in supporting technological innovations and the real economy - which refers to the production of goods and services - insurance funds are invested in a number of industries including finance, consumption, modern agriculture, advanced manufacturing, new technology, new energy and infrastructure, according to Cao.

He said the association will further improve post-investment management and risk monitoring of asset management products (AMPs), and enhance the insurance sector's risk monitoring and warning capability covering the entire lifecycle of AMPs.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
甘南县| 丹凤县| 马边| 九寨沟县| 汝阳县| 南川市| 临澧县| 沙洋县| 溧水县| 晋州市| 龙川县| 南涧| 萍乡市| 阿合奇县| 鹤壁市| 三穗县| 高邑县| 邳州市| 蓬安县| 延安市| 临漳县| 哈尔滨市| 谷城县| 龙口市| 隆安县| 新蔡县| 郸城县| 肥西县| 杭锦后旗| 南漳县| 武平县| 永康市| 新疆| 民勤县| 云阳县| 广丰县| 镇巴县| 新巴尔虎右旗| 峡江县| 彭山县| 扎囊县|