A pilot scheme will be launched in the first half of this year. |
As the insurance industry continues to develop and capital rapidly builds up, we'll gradually broaden investment channels. |
But effective risk management must be the precondition. |
This is another major breakthrough in expanding investment channels for insurance funds. |
We will encourage, support and guide investment by large and medium-sized state firms and private funds into the industry. The regulator will push insurers to increase product innovation and tighten oversight to prevent vicious competition. |