China’s bank wealth management market expanded rapidly in 2025, with assets, product offerings and investor participation all rising sharply as funds flowed into the real economy.
China’s bank wealth management sector continued its strong expansion in 2025, with outstanding assets climbing to 33.29 trillion yuan, equivalent to roughly $4.76 trillion, by the end of the year, marking an increase of 11.15% t from the start of the period, according to newly released industry figures.
Data from the China Banking Wealth Management Registration and Depository Center showed that financial institutions introduced 33,400 new wealth management products during the year, raising a combined 76.33 trillion yuan to support high-quality economic and social development. By the close of 2025, a total of 159 banks and 32 dedicated wealth management firms were offering 46,300 active products, representing growth of 14.89 per cent compared with the beginning of the year. These products played a significant role in supporting the real economy, directing around 21 trillion yuan into bonds, non-standard debt assets and equity investments. Investor participation also increased steadily, with 143 million individuals holding wealth management products by year-end, up 14.37% year on year, while total returns generated for investors reached 730.3 billion yuan over the course of 2025.
