Steady appreciation of entrusted assets of insurance protection fund
In 2020, the entrusted assets of insurance protection fund will increase steadily, and the risk management ability will be further improved. By the end of October this year, the balance of insurance protection fund was 160.448 billion yuan, property insurance fund was 100.129 billion yuan, accounting for 62.41%; the balance of life insurance fund was 60.319 billion yuan, accounting for 37.59%. At present, the entrusted investment management fund is 19.12 billion yuan, and the annualized investment return rate of that year is 4.4%, which has achieved the goal of maintaining and increasing value.
China’s top 500 new economy enterprises list released in 2020
Recently, China Enterprise Evaluation Association released the “2020 top 500 new economy enterprises in China”. Alibaba Group Holding Co., Ltd., Shenzhen Tencent computer system Co., Ltd. and Huawei Investment Holding Co., Ltd. ranked the top three.
Banking profits will rebound next year, the report said
According to the “2021 economic and financial outlook report” released by the Bank of China Research Institute on November 30, the year-on-year growth rate of assets and liabilities of China’s banking industry will be 10% – 11% next year, and the growth rate will be slower than that in 2020. The report predicts that China’s banking net profit will hit the bottom and rebound next year, and the year-on-year growth rate is expected to change from negative to positive, achieving a growth rate of 2% – 3%.
The loan balance of the whole pig industry chain of ABC exceeded 50 billion yuan
Since this year, the Agricultural Bank of China has thoroughly implemented the decision and deployment of the Party Central Committee and the State Council on the stable production and supply of pigs, made every effort to do a good job in pig financial services, and continuously increased the credit support for the pig industry, and achieved positive results. By the end of September this year, the balance of loans for the whole pig industry chain of ABC reached 52.5 billion yuan, an increase of 29 billion yuan or 123% over the beginning of the year.
BOC Research Institute report: the global economy may present the characteristics of “three low and three new” in the post epidemic Era
The 2021 economic and financial outlook report released by the Research Institute of Bank of China on November 30 pointed out that in the post epidemic era, the global economy may present the characteristics of “three low and three new”, that is, brewing new forces, new trends and new order in low growth, low interest rates and low investment. The report predicts that the impact of the epidemic will continue in the first half of next year, and the global economy will not really recover until the second half of next year.
The fifth “one belt, one road” Summit Forum was held to explore the post epidemic era to promote economic recovery.
The fifth one belt, one road summit, one belt, one road jointly opened by the Hongkong SAR government and the Hongkong Trade Development Council, opened in November 30th. Participants from around the world focused on the “one belt” development opportunity to explore ways to promote economic recovery in the post epidemic era. The theme of the two-day forum was “insight into business opportunities and building a sustainable and inclusive future”. Affected by the novel coronavirus pneumonia, the forum was held online.
Reprint indicated source：Spark Global Limited information