Core Insights - The Chinese wealth management market is experiencing a historic opportunity driven by economic development and the accumulation of resident wealth [1][3] - The total investable assets of residents have surpassed 300 trillion yuan, with the middle-income group continuously expanding, leading to a rapid growth phase in wealth management demand [3] Industry Scale - As of June 2025, the total asset management scale in China has exceeded 170 trillion yuan, making it the second-largest wealth management market globally [3] - The wealth management market is poised for significant growth, with the demand for wealth management services increasing due to the development of the capital market and rising public investment needs [3] Cross-Border Investment - Cross-border investment has transitioned from an optional choice to a necessity for wealth management, with 16.46 million individual investors participating in the "Cross-Border Wealth Management Connect" program, and cross-border remittance amounts exceeding 120 billion yuan [7] - Financial institutions are actively building service systems to meet the growing demand for cross-border investment, with companies like CITIC leveraging their comprehensive licenses to create a multi-faceted cross-border asset management service system [7] Institutional Collaboration and Technology Integration - The evolution of a collaborative ecosystem among different asset management institutions, including public funds, securities asset management, insurance asset management, trusts, and bank wealth management, is underway [8] - The integration of technology and cross-institutional collaboration will be key drivers for the sustained growth of the wealth management industry in the next phase [8]
中国成为全球第二大财富管理市场