Li Yunze: The market share of premiums of foreign insurance companies in the country has increased from 4% in 2013 to the current 9%.
Li Yunze, Director of the China Banking and Insurance Regulatory Commission, stated at the 2025 Lujiazui Forum that China's financial opening not only benefits itself, but also provides good asset allocation opportunities for global funds. Currently, the total assets of foreign banks and insurance institutions exceed 7 trillion yuan, with all businesses maintaining a good growth trend. For example, the market share of premium of foreign insurance companies in the domestic market has increased from 4% in 2013 to the current 9%. The market share of derivative business of foreign banks in the domestic market is nearly 1%. At the same time, Chinese institutions are also expanding their business in more than 70 countries and regions, effectively promoting bilateral trade and mutual investment.
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