Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Finance

First foreign-funded pension insurance company established

By Jiang Xueqing | chinadaily.com.cn | Updated: 2019-03-27 20:07
Share
Share - WeChat
A nurse explains an eye test to an elderly woman at a hospital in East China's Shandong province. [Photo/IMAGINECHINA]

China's banking and insurance regulator announced on Wednesday it had approved the establishment of the first foreign-funded pension insurance company in the country.

Taking new steps to further open up China's financial sectors, the China Banking and Insurance Regulatory Commission recently gave the green light to the application of Heng An Standard Life Insurance Company Limited, a China-UK joint-venture insurance company headquartered in Tianjin, for setting up a wholly-owned pension insurance company.

The regulator also approved the global property and casualty insurer Chubb to increase its stake in Huatai Insurance Group from 20 percent to 26 percent. It also approved the Hong Kong-headquartered life insurer AIA to begin preparations for the establishment of sales and service centers in Tianjin and Shijiazhuang, North China's Hebei province. This is in accordance with the pilot program on promoting insurance integration under a plan for the coordinated development of the Beijing-Tianjin-Hebei region.

Since the beginning of this year, the commission has allowed several foreign banks and insurers to start preparations for the establishment of branches and branch companies in China, in addition to giving approval to foreign banks and insurers for a total increase of 10.87 billion yuan ($1.62 billion) in registered capital or working capital.

The regulator said it will continuously push ahead with the opening-up of China's banking and insurance sectors and keep improving the business environment, so that a larger number of foreign banks and insurers that meet regulatory requirements will be allowed to participate in the Chinese financial market.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 风流艳妇在线观看| 一个人看的免费观看日本视频www 一个人看的免费视频www在线高清动漫 | 韩国三级大全久久电影| 国模欢欢炮交150视频| 丰满女邻居的嫩苞张开视频| 欧美人与动人物姣配xxxx| 免费成人av电影| 色综合色综合久久综合频道| 国产精品20p| 99精品国产在热久久无码| 斗罗大陆动漫完整免费| 亚洲av成人一区二区三区在线观看 | 国产自国产自愉自愉免费24区| 中文字幕在线亚洲精品| 最近2018中文字幕2019国语视频| 亚洲精品老司机| 精品国产污污免费网站入口| 国产农村乱子伦精品视频| 香蕉久久成人网| 天堂网www在线资源网| 中文字幕乱码无线码在线| 日韩欧美视频二区| 亚洲成年人电影在线观看| 男女啪啪永久免费观看网站| 国产111111在线观看| 黄在线观看网站| 国产精品嫩草影院av| 99在线精品视频在线观看| 尤果圈3.2.6破解版| 久久99国产综合色| 日韩精品无码一本二本三本| 亚洲成a人片在线看| 特级毛片a级毛片在线播放www| 午夜看一级特黄a大片| 艹逼视频免费看| 国产女人高潮抽搐叫床视频| 老司机精品视频在线观看| 国内精品一战二战| a级毛片免费高清视频| 巨胸流奶水视频www网站 | 精品欧美军人同性videos|