超越日本！中国成为亚洲最大ETF市场

Core Insights - China has overtaken Japan to become the largest ETF market in Asia, with a management scale of $681 billion compared to Japan's $668 billion [2][3] - Bloomberg's ETF team predicts that China will be a significant growth engine for the Asian ETF market over the next decade, with the market expected to reach $8 trillion by 2035 [1][12] - The rapid growth of China's ETF market is attributed to increased retail participation and supportive regulatory measures [1][9] Market Growth - Since 2015, both China and Japan have seen steady growth in their ETF markets, but China's growth has accelerated significantly post-2022, while Japan's growth has slowed [4][6] - In 2024, Japan's ETF market is projected to see a net inflow of only $13 billion, while China's inflow is expected to be ten times higher at $133 billion [6] Historical Context - China's ETF market reached $600 billion in 21 years, nine years faster than Japan [8][9] - The first ETF in China was launched in December 2004, and it took just over seven years to surpass $1 trillion in assets, with subsequent milestones achieved in increasingly shorter timeframes [8][9] Future Projections - The Asia-Pacific ETF market is expected to grow over 30% in 2024, with a compound annual growth rate of 18% projected until 2035 [12] - As of June 2024, only 10 million individual investors in China are engaged in ETF investments, indicating significant room for growth as financial education improves [12] Product Diversification - China's ETF market is still in the early stages of product diversification, lacking actively managed ETFs, derivative-based ETFs, leveraged and inverse ETFs, or cryptocurrency ETFs [14]