China's insurance asset management association registers new products worth over 55 bln yuan

BEIJING, Feb. 26 (Xinhua) -- The value of products registered by the Insurance Asset Management Association of China, an organization serving the country's insurance asset management industry, hit 55.726 billion yuan (about 8.08 billion U.S. dollars) in January 2023.

Of the 36 projects registered during this period, 35 were for debt investment plans and the other one for equity investment plans, with the fund sizes reaching 50.726 billion yuan and 5 billion yuan, respectively.

By the end of last month, the association had handled the registration of 2,918 products with a fund size totaling 6.39 trillion yuan.