The importance of insurance products is looming larger within the investment portfolios of the Chinese, as their interest in investments continues to grow.
According to the latest Manulife Investor Sentiment Index (MISI) released by Canada-headquartered Manulife Financial Corporation, Chinese investors' MISI has increased to 40 in 2018 from 33 in 2017.
The optimism of investors comes mainly from the fact that China's economic reforms have continued to generate a lot of new opportunities.
Meanwhile, insurance products have played a more important role in their investment portfolio, accounting for 11% of their total investable assets, a 1% rise from 2017.
Chinese investors' insurance savings increased by 5% to 50%, while personal health and medical insurance increased by 8% to 46%.
Investment interest in fixed income instruments, cash, and real estate also increased significantly from the previous year.