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By the end of 2019, the outstanding balance of insurance asset management products amounted to 2.76 trillion yuan. Among the total, the balance of debt investment plans reached 1.27 trillion yuan, the balance of equity investment plans was 120 billion yuan, and the balance of portfolio insurance asset management products was 1.37 trillion yuan.
By setting up a branch in Chile, Bank of China will effectively promote the development of economic and trade cooperation as well as two-way investment between China and Chile, thus helping the two countries reach a higher stage of mutual benefit and cooperation, Chen added.
CANBERRA - Australia's competition watchdog is preparing to launch landmark cases against global technology giants.
By the end of 2017, said the central bank, the total size of the asset management business had reached 100 trillion yuan (.80 trillion) in China, and the outstanding value of off-balance sheet bank wealth management products reached 22.2 trillion yuan.
Bytedance, best known for its mobile news aggregator Jinri Toutiao, which translates into "Today's Headlines", and short video app Douyin, each of which boasted over 100 million daily active users, is one of China's hottest tech startups.
来源：资阳报