China’s State Administration of financial regulation:
- Increase the proportion of insurance funds invested in the stock market
- Raise the upper limit of equity asset allocation ratio
- To optimize the regulatory policy on the proportion of insurance funds
- To and increase support for the capital market and the real economy
- To relax the regulatory requirements for the proportion of tax extension for the elderly
- Will continue to improve regulatory policies on the use of insurance funds to help economic and social development
China announcing more support for the equity market
This article was written by Eamonn Sheridan at www.forexlive.com.