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The value of China's individual investible assets reached 126 trillion yuan ($18.28 trillion) in 2016 Yannick Ngakoue Jaguars Jersey , 1.7 times the country's gross national product, ranking second in the world in terms of scale, according to a report jointly released by Industrial Bank Co and global consulting firm BCG on Thursday.

It forecast that China's individual investible assets will grow steadily in the next few years and reach 220 trillion yuan by 2021.

The number of Chinese families with high levels of net assets has surpassed 2.1 million, and that group is set to reshape a wealth management market of 110 trillion yuan in the next five years Myles Jack Jaguars Jersey , providing enormous opportunity for the development of private banking, it said.

With the rapid asset accumulation of these families and the maturing of the capital market, the number of clients of domestic private banking has exceeded 500,000 Dede Westbrook Jaguars Jersey , said the report. Assets under management reached nearly 8 trillion yuan after 10 years of development, it added.

BEIJING, Nov. 29 (Xinhua) -- A Chinese mainland spokesperson said Wednesday that the recent exercises of military planes from the People's Liberation Army (PLA) were planned regular training.

Ma Xiaoguang, spokesperson for the Taiwan Affairs Office of the State Council Dawuane Smoot Jaguars Jersey , made the remarks at a press conference when responding to reports in Taiwan that PLA planes had "circled Taiwan four times within a week."

Ma said the biggest guarantee to the stability of Taiwan Strait was "to oppose 'Taiwan independence,' adhere to the 1992 Consensus and take a path of peaceful development for cross-Strait relations."

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SINGAPORE, Oct. 21 (Xinhua) -- Singapore shares closed 0.68 percent higher on Tuesday as China's economy growth in the third quarter was better than market expectation.

Data showed China's gross domestic product rose 7.3 percent from a year earlier in the third quarter, down from 7.5 percent growth in the second quarter of this year. Still, the latest reading was ahead of market's average forecast of 7.2 percent.

Official data also showed that China's industrial output growth in September accelerated and rebounded from a near-six-year low in August Dante Fowler Jr Youth Jersey , driven by the government's recent targeted easing measures. Industrial production rose 8.0 percent in September from a year earlier.

The benchmark Straits Times Index rose 21.69 points to close at 3,202.74 points. Trading volume was 1.13 billion shares worth 963 million Singapore dollars. Advancers outnumbered decliners 229 to 182, while 527 . Cheap Jerseys China Cheap Jerseys Cheap Jerseys Free Shipping Cheap Sports Jerseys Cheap Sports Jerseys Cheap NFL Jerseys China Cheap NFL Jerseys China Cheap NFL Jerseys Wholesale Wholesale NFL Jerseys Wholesale NFL Jerseys