
Subscribe to XiaoMugua

Subscribe to XiaoMugua
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers


Over the past decade, consumers have become more convenient in terms of deposits and withdrawals, loans, transfers and payments. In addition, sweeping changes have also taken place in terms of financial investment. Behind this is the change and transformation of China's financial industry in the past decade.
By the end of 2021, the total assets of financial institutions reached 381.95 trillion yuan, an increase of 8.1% year on year; Personal financial assets exceeded 230 trillion yuan, up about 12 percent year on year.
From the data of the financial industry, in the past ten years, the average annual growth rate of bank loans and bond investment was 13.1% and 14.7% respectively, and the average annual growth rate of inclusive small and micro enterprise loans and inclusive agricultion-related loans reached 25.5% and 14.9% respectively, much higher than the average growth rate of loans. The A-share market grew by 238.9% and the bond market by 444.3%, both ranking second in the world. More than 200 million stock market investors; The total assets of securities and futures operating institutions have grown 5.5 times in the past ten years, and the scale of publicly offered funds under management now stands at 26 trillion yuan, an increase of eight times in the past ten years, greatly enhancing the strength of the industry.
Over the past decade, consumers have become more convenient in terms of deposits and withdrawals, loans, transfers and payments. In addition, sweeping changes have also taken place in terms of financial investment. Behind this is the change and transformation of China's financial industry in the past decade.
By the end of 2021, the total assets of financial institutions reached 381.95 trillion yuan, an increase of 8.1% year on year; Personal financial assets exceeded 230 trillion yuan, up about 12 percent year on year.
From the data of the financial industry, in the past ten years, the average annual growth rate of bank loans and bond investment was 13.1% and 14.7% respectively, and the average annual growth rate of inclusive small and micro enterprise loans and inclusive agricultion-related loans reached 25.5% and 14.9% respectively, much higher than the average growth rate of loans. The A-share market grew by 238.9% and the bond market by 444.3%, both ranking second in the world. More than 200 million stock market investors; The total assets of securities and futures operating institutions have grown 5.5 times in the past ten years, and the scale of publicly offered funds under management now stands at 26 trillion yuan, an increase of eight times in the past ten years, greatly enhancing the strength of the industry.
No activity yet