久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  .contact us |.about us
News > National News...
Foreign insurer's rural debut
( 2003-06-17 10:12) (China Daily)

China's vastly underdeveloped agricultural insurance system was thrown opened yesterday with the introduction of foreign investment in two key cities in the nation's west.

The China Insurance Regulatory Commission (CIRC) granted licences to French insurer Groupama, allowing it to become the first offshore insurer to set up a property insurance subordinate in Chengdu, the capital of Southwest China's Sichuan Province.

With the CIRC's permission, the foreign group will also establish a base in the Chongqing Municipality, an industrial hub neighbouring Chengdu.

In line with its World Trade Organization commitments, China opened up Beijing, Tianjin and Suzhou to foreign insurance capital in March.

Foreign insurers have already set up shops in a handful of cities including Guangzhou, capital city of South China's Guangdong Province.

The licence approval brought the number of French insurance firms operating in the promising Chinese market to three.

The number of foreign insurers with local operations now stands at 36.

CIRC officials said the commission expects Groupama to help China improve insurance protection for its agricultural industry and farmers, especially in the underdeveloped western areas.

CIRC Chairman Wu Dingfu said yesterday: "In making this approval, we were not only implementing our World Trade Organization commitments but, more importantly, hoping that Groupama will play its role in promoting agricultural insurance in China and developing the central and western areas.

" Wu told Groupama President Jean Azema that his firm will have much to achieve in China as the market potential for agricultural and farmer insurance is prolific after economic reforms have propelled the rural economy and increased farmers' incomes in recent years.

The CIRC is actively examining the issue of policy-oriented agriculture insurance, as well as ways to encourage both Chinese and foreign insurance companies to provide commercial agriculture insurance, Wu said.

While agriculture accounts for 20 per cent of the gross domestic product in a country with an agricultural population of around 1 billion, China's agriculture insurance is embarrassingly underdeveloped.

Agricultural premiums were below 1 billion yuan (US$120 million) in 2001, compared to 210 billion yuan (US$25.

3 billion) in total insurance premiums.

China relaunched agriculture insurance in 1983 as part of its market economy reform, but it hit the skids as early as 1993 when compensations soared, forcing the People's Insurance Company of China - the then sole agriculture insurance provider - to withdraw from areas of heavy losses.

Caught between profitability concerns and the government's desire to protect farmers, analysts said Chinese insurers, especially younger companies, have been reluctant to take up the risky agriculture insurance business.

Go to another section

E-Mail This Article
Printer-Friendly Format

Today's Top News Top National News
Indian prime minister starts landmark visit to China
( 2003-06-23)
Hong Kong may get off SARS list
( 2003-06-23)
Four Palestinians killed in Gaza
( 2003-06-23)
Lawyers call for amendment of compensation law
( 2003-06-23)
Iraq oil flow slowed by sabotage, looting
( 2003-06-23)
Experts: Get ready for the worst of floods
( 2003-06-23)
Indian PM starts landmark visit
( 2003-06-23)
Government probes fatal shipwreck on Yangtze River
( 2003-06-23)
Emergency system planned in Beijing
( 2003-06-23)
2,000-year-old wine discovered in Xi'an
( 2003-06-23)







主站蜘蛛池模板: 国产一区欧美二区 | 欧美成人艳星在线播放 | 99精品这里只有精品高清视频 | 日韩三级在线观看视频 | 草草视频在线播放 | 国产亚洲欧美视频 | 99re6这里有精品热视频在线 | 亚洲欧美另类在线视频 | 免费观看国产网址你懂的 | 91精选视频 | 国产丝袜美腿高跟白浆 | 久久99综合国产精品亚洲首页 | 九九色在线视频 | 亚洲精品中文字幕一区 | 国产激情一区二区三区四区 | 全部毛片 | 国产精品成人久久久久久久 | 男女午夜性爽快免费视频不卡 | 91麻精品国产91久久久久 | 国产成人精品免费视频 | 久草在线2 | 久久色视频在线观看 | 看欧美的一级毛片 | www.日本在线观看 | 国产精品国产三级国产a | 最新亚洲一区二区三区四区 | 久久久久久综合对白国产 | 在线观看国产日韩 | 美国三级在线观看 | 国产美女一级特黄毛片 | 亚洲一区二区影视 | 免费韩国一级毛片 | 欧美综合亚洲 | 国内精品成人女用 | 一本综合久久国产二区 | 国产精品久久久久久一区二区 | 亚洲成a人 | 99视频精品| 日韩一区二区久久久久久 | 久艹视频在线 | 欧美日韩视频在线 |