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