China’s protective agency “Fifth National Five”: Stable development of the second world, with a 5-year plan to allocate 9 trillion yuan
On October 13, 2025, the China Securities Regulatory Commission indicated that 2025 would be the “Fifth National Five” year. Over the past five years, the protective agency has experienced significant growth, particularly in service stability, social protection, and risk management, showcasing previously unprecedented depth and breadth.
Data released by the National Financial Regulatory Administration shows that during the “Fifth National Five” period, the protective agency’s cumulative allocation of capital reached 9 trillion yuan, marking an increase of 61.7% compared to the “Fifth National Three” period. The agency emphasizes risk management in areas such as corporate protection, export credit insurance, and vehicle insurance, with the total allocated risk capital increasing to 5.4 trillion yuan, 85% higher than at the end of the “Fifth National Three” period.
In terms of market stability, the protective agency has established itself as the second-largest market in the world, with its market share progressively increasing. The National Financial University and the State Administration of Financial Services have acknowledged that the protective agency has transformed from traditional risk compensation to practical operational stability.
According to data from the National Financial Regulatory Administration, between 2021 and 2024, the protective agency’s premium revenue is projected to reach 4.49 trillion yuan, 46.957 trillion yuan, 51.247 trillion yuan, and 56.963 trillion yuan, respectively, with annual growth rates increasing from 4.0% to 11.15%.
By mid-2025, the protective agency’s premium revenue is expected to continue its upward trend, reaching approximately 3.735 trillion yuan, representing a 5.04% increase compared to 2024. By June 2025, the agency’s total assets will be around 401.139 trillion yuan, which is a 72% increase compared to December 2020.
In the context of stable regulatory growth, the protective agency’s overall financial health is also improving. By June 2025, the agency’s combined profitability is projected to be 204.5%, which is an increase of 8.5 percentage points compared to the end of the 2022 fourth quarter.
During the “Fifth National Five” period, the protective agency aims to enhance its operational quality. The implementation of specific regulatory measures will optimize the agency’s service efficiency and operational capacity.
In the area of vehicle insurance, during the “Fifth National Five” period, the protective agency is expected to provide coverage for approximately 16 billion vehicles, which represents a 40% increase compared to the “Fifth National Three” period.
Overall, the protective agency is committed to fulfilling its responsibilities while adapting to changes in the market. Continuous improvement and innovation will be key to its future success.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/chinas-insurance-sector-sees-growth-with-fifth-generation-model-projected-9-trillion-yuan-by-2025/
