The development of China's fund industry can be divided into three historical stages: the first stage is the early exploration stage from 1992 to 1997 and 1 14 years 10 before the promulgation of the Interim Measures for the Administration of Securities Investment Funds.

The second stage is the closed-end fund development stage from the promulgation and implementation of the Interim Measures to 5438+0 in August 2006.

The third stage is the development stage of open-end funds since September 20001year.

For details, see the following article, which introduces some fund companies established earlier in China.

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