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As of the end of March, a total of 4 trillion yuan (0 billion) of insurance funds had gone into infrastructure construction and other projects aimed at improving the quality of people's lives, according to CIRC figures.

As new capital has been injected into the two funds - the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) and the SME Export Marketing Fund (EMF), the funding ceilings for each enterprises will be doubled to 4 million Hong Kong dollars (about 510,000 US dollars) and 800,000 Hong Kong dollars respectively and the ratio of initial payments will also be significantly improved to 75 percent.

As of March, the zone had seen 3,249 leasing companies registered there with a combined registered capital of up to 544.7 billion yuan. It had leased 1,463 airplanes, 110 engines, 158 vessels and 15 oil drilling platforms.

As local governments aim for growth quality and sustainability, most of these projects will be in strategic and emerging industries, such as high-end equipment manufacturing and information technology, as well as infrastructure construction related to transportation and energy.

As of Jan 19, nearly 30 banks had announced their plans to set up asset management or wealth management subsidiaries.