Xiang Junbo, Chairman of China Insurance Regulatory Commission, said at Lujiazui Forum 20 15 on 26th that by 2020, a modern insurance service industry with comprehensive guarantee, perfect functions, safety and stability, standardized integrity, strong service ability and innovation ability, international competitiveness and suitable for China's economic and social development will be presented to the world. China will realize the transformation from an "insurance power" to an "insurance power". In order to realize this vision, China insurance industry will continue to intensify reform and innovation.
Accelerate the development of insurance industry from industry will to national will. From 20 14 to 10, the General Office of the State Council issued "Several Opinions on Accelerating the Development of Commercial Health Insurance", which further improved the development system of commercial insurance. In May this year, the the State Council executive meeting passed the preferential tax policies for commercial health insurance, and commercial health insurance ushered in a golden period of development. The state's attention and support to the insurance industry opened the China model of the emerging insurance market development and activated the huge development potential of the insurance industry in China.
Looking into the future, the development prospect of China's insurance industry is very broad. Carrying out the "Four Innovations in Insurance Industry" and deepening the reform and innovation in an all-round way will inject vitality into the insurance market in China. By 2020, a modern insurance service industry with comprehensive guarantee, perfect functions, safety, stability, good faith, strong service and innovation ability, international competitiveness and adaptability to China's economic and social development will be presented to the world. China will realize the transformation from an "insurance power" to an "insurance power". In order to realize this vision, China insurance industry will continue to intensify reform and innovation.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.