中国超越日本，成为亚洲最大ETF市场

Core Viewpoint - The Chinese ETF market has surpassed Japan, becoming the largest in Asia with an asset management scale of $681 billion in July, compared to Japan's $668 billion [1]. Group 1 - The increase in ETF scale is attributed to the continuous rise of the Shanghai Composite Index, which has led to a surge in ETF assets [1]. - The approval process for new products has accelerated, resulting in a growing number of ETF listings, which has enhanced retail investors' recognition of long-term, low-cost, and highly liquid ETF products [2]. - In the coming years, China is expected to set new records in asset management scale, capital flow, liquidity, and product supply in the Asia-Pacific region, further attracting foreign institutional market makers [3].