By the end of 2003, the share of insurance companies purchasing the whole securities investment fund reached 46.328 billion, accounting for 37.83% of the total share of stock funds; As of March 2004, the insurance industry in China has developed rapidly in recent years. There are more than 60 Chinese and foreign insurance companies, and the total assets have reached111600 million yuan by the end of August. After the insurance market was fully opened at the end of 2003, there were 37 foreign investors with great potential to enter the domestic market, surpassing 24 companies in China.