China has become the world's second-largest wealth management market
According to the latest "Domestic Asset Management Industry Report" released by the Asset Management Work Studio of CITIC Financial Holdings, by the end of June 2025, the total scale of asset management in China will exceed 170 trillion yuan, becoming the second-largest wealth management market in the world. Over the past five years, the scale of public funds, bank wealth management, trusts, insurance asset management, and other industries has continued to rise, with an average annual growth rate of around 8%
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