Investment portfolios registered by China's insurance asset management companies cumulatively amounted to 1.2 trillion yuan as of end-August, according to data released by the Insurance Asset Management Association of China.
In a breakdown, debt-related investment schemes, which cover infrastructure and shanty town renovation projects, were worth 1.01 trillion yuan, accounting for 84 percent of the total. In China, insurance asset management companies usually are unites established by insurers themselves to manage and operate their capital.
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