Market Size of China Mutual Funds Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Mutual Funds Market Analysis
The China Mutual Funds Market is anticipated to register a CAGR of 3.2% over the next 5 years. China's mutual fund has seen rapid growth in the past few years. As of December 2022, total assets under management (AUM) in mutual funds reached 26.03 trillion yuan ($3.85 trillion), almost doubling the amount from three years earlier.
China's mutual fund industry has grown into the fourth biggest in the world, achieving major headway in serving the real economy and managing household wealth in recent years. The amount marked a 160 percent jump from the end of 2016 to the end of 2021 worldwide, when the industry's AUM ranked ninth globally.
The COVID-19 outbreak moderately affected the Chinese market for mutual fund assets. Customers took advantage of mutual fund offers through online platforms, as lockdowns in various areas negatively hampered consumer travel and disrupted businesses worldwide.
