The total e-commerce transactions of fund market in China is estimated to reach 11.2 trillion yuan (US$1.63 trillion) in 2016; it’s estimated to double the current amount to 26 trillion yuan (US$3.78 bn) in 2020.
The total insurance premium of China online insurance market totaled 360 billion yuan (US$52.4 bn) in 2016 with an increase of 132.6%. It’s estimated to reach 935 billion yuan in year 2020.
Total transactions of China’s P2P loan market were 1.5 trillion yuan (US$217 bn) in 2016, with an increase of 70.8% from the previous year; and, it’s estimated to continue fast growth and reach 4.5 trillion yuan (US$654) in 2020.
This article is an excerpt from CIW E-Book: China Internet Insights 2017
Related whitepaper: China Internet Statistics 2017