国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China loosens control of insurance funds
(Xinhua)
Updated: 2005-07-17 08:41

Insurance institutions in China will soon be allowed to invest in a broader field, according to the country's insurance regulator.

Insurance companies will have a chance to invest in short-term bonds issued by companies and other institutions, renminbi bonds issued by international development institutions and some negotiable securities, according to Wei Yingning, vice chairman of the China Insurance Regulatory Commission.

They will also be allowed to indirectly invest in state infrastructure projects, he said at an international symposium on the management system of insurance assets, Wei said at an international workshop on insurance assets management in Beijing Friday.

Currently, insurance institutions can only channel their funds to savings deposits, bonds, funds and stocks.

Wei said that the commission was working on a framework on the management of insurance funds so that consigners and consignees would have clear-cut liabilities and a legalized relationship.

The aggregated assets of China's insurance industry reached 1.36 trillion yuan (US$163.4 billion) by May, up 14.1 percent from the beginning of the year.

Close