金融监管总局：批筹2家保险机构，涉及友邦、同方全球！李云泽局长提养老金融“大有可为”...

Core Viewpoint - The article emphasizes the significant opportunities in wealth management and pension finance in China, driven by the expanding middle-income group and the aging population, with a projected silver economy scale of 30 trillion yuan by 2035 [10][42]. Group 1: Wealth Management - Wealth management is entering a "golden period" due to the continuous expansion of the middle-income group, which provides a stable customer base for the industry [10][31]. - China's households have a cash and savings ratio exceeding 50%, significantly higher than the OECD average of about one-third, indicating a strong demand for diversified and professional wealth management solutions [31][32]. - The asset management scale of trust, wealth management, and insurance asset management in China has grown at an annual rate of approximately 8% over the past five years, making it the second-largest asset and wealth management market globally [31][37]. Group 2: Pension Finance - The aging population in China is accelerating, with projections indicating that the population aged 60 and above will exceed 400 million by 2035, creating substantial opportunities in pension finance [42][46]. - The silver economy is expected to reach a scale of 30 trillion yuan by 2035, highlighting the potential for growth in commercial pension insurance and pension products [47][48]. - The implementation of the personal pension system across the country is expected to enhance the development of third-pillar pensions, including exclusive commercial pension insurance [49][50]. Group 3: Insurance Asset Management - The approval of two foreign insurance asset management companies, AIA and Dutch Global Life, to establish operations in Shanghai marks a significant development in the insurance asset management sector [20][29]. - Currently, there are 34 insurance asset management companies in China, with a growing focus on enhancing investment management capabilities to meet consumer demands for better returns [16][18]. - The establishment of these foreign asset management companies is expected to strengthen the investment management landscape and improve the overall performance of insurance companies [20][29]. Group 4: Regulatory Support and Market Development - The Financial Regulatory Bureau has issued a plan to support Shanghai in becoming a new type of asset management service platform, promoting high-quality transformation and upgrading of asset management businesses [56][59]. - The plan emphasizes the importance of enhancing the competitiveness of Shanghai as an international financial center, encouraging foreign financial institutions to play a larger role in the market [56][58]. - The regulatory framework aims to facilitate the development of inclusive finance, pension finance, and digital finance, aligning with international standards [57][58].