# China rolls out US$54 billion package to bolster insurers and banks

https://mins.news/en/item/47376

- South China Morning Post, 2026-09-06 14:00 UTC
- Economy
- Original: https://www.scmp.com/business/banking-finance/article/3366559/china-rolls-out-massive-us54b-package-insurers-banks-financial-powerhouse-push?utm_source=rss_feed

> China has launched a roughly 360 billion yuan (US$54 billion) capital-injection package for its biggest state-owned insurers and banks. Led by the Ministry of Finance, the move advances Beijing’s long-standing ambition to turn the country into a global financial powerhouse. China Life Insurance Company will receive 35 billion yuan to strengthen its position.

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- [China to inject $54 billion into state banks and insurers to bolster capital](https://mins.news/en/item/47279) — Reuters, 2026-09-06