Hua Xia Shi Bao·2025-12-12 13:16Core Insights - The 19th Huaxia Institutional Investor Annual Conference and Huaxia Financial (Insurance) Technology Forum was successfully held in Beijing, focusing on the theme of "Vitality and Resilience, Innovation and Empowerment" [2] - The Chinese asset management industry is entering a golden development period, with the combined entrusted management scale of bank wealth management and insurance asset management reaching approximately 70 trillion yuan, serving as a stabilizing force for the capital market and a key supplier of long-term funds for the real economy [2][3] Group 1: Industry Overview - The total entrusted management scale of the domestic asset management market is close to 180 trillion yuan, with bank wealth management, insurance asset management, and trust business regulated by the National Financial Regulatory Administration accounting for nearly 100 trillion yuan [3] - Bank wealth management and insurance asset management play three main roles: providing a variety of products for long-term wealth growth, offering long-term financing support for stable capital market operations, and injecting continuous financial resources into the high-quality development of the real economy [3][4] Group 2: Financial Contributions - The combined management of nearly 70 trillion yuan by bank wealth management and insurance asset management creates a complementary funding structure, with insurance funds primarily invested in long-term assets and bank wealth management focusing on flexible and inclusive financial services [4] - Since the 14th Five-Year Plan, the banking and insurance sectors have provided an additional 170 trillion yuan in funding to the real economy through various channels [4] Group 3: Strategic Investments - Insurance funds are actively supporting national strategic projects and new productive forces, with over 30 trillion yuan invested in key areas such as the Yangtze River Economic Belt, Beijing-Tianjin-Hebei coordinated development, and the Greater Bay Area [5] - As of the end of Q3 this year, the balance of long-term equity investments by insurance funds exceeded 2 trillion yuan, providing full lifecycle support for technological innovation and emerging strategic industries [5] Group 4: Industry Evolution - The China Insurance Asset Management Association has been renamed to the China Banking and Insurance Asset Management Association, marking a significant step in enhancing self-regulation and promoting collaborative development between the two types of institutions [6] - The association aims to deepen industry self-regulation, enhance research and investment capabilities, and foster product and service innovation to contribute to the high-quality development of the real economy and the construction of a financial power [6]