Insurance to be used to support real economy
Print Edition
CHINA’S top insurance regulator has moved to strengthen the sector’s role of supporting the real economy in its latest effort to improve supervision over fast growing insurance companies.
In a guideline released yesterday, the China Insurance Regulatory Commission rolled out an array of measures “to create a sound policy environment for the insurance sector to serve the real economy” and improve its quality and efficiency.
There will be stronger encouragement for insurance funds to be used in national development strategies, including supply-side structural reform, the debt-to-equity swap program, the Belt and Road, poverty relief, and the manufacturing improvement plan known as “Made in China 2025.”
By the end of March, insurance firms had put over 4 trillion yuan (US$580 billion) into infrastructure construction, renovation of rundown areas and other programs to lift people’s livelihood.
More efforts will be made to promote insurance for environmental protection, food safety and farm produce, said the guideline.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
