New pilot institutions, insurance funds long-term investment reform pilot will total 222 billion yuan

On May 7th, Li Yunze, director of the State Administration of Financial Supervision, introduced at the press conference of the State Information Office that he plans to approve another 60 billion yuan in the near future to inject more incremental funds into the market. Previously, the two batches of insurance funds approved by the State Administration of Financial Supervision have reached 162 billion yuan for long-term investment reform pilots, with a total of 8 insurance companies participating. The reporter learned exclusively from relevant channels that several new pilot institutions have been approved this time, and the scale of the new pilot is 60 billion yuan. As a result, the total amount approved by the State Administration of Financial Supervision will reach 222 billion yuan.