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CHINA PRESS: Insurance Funds Should Increase Long-term Investment

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

Insurance funds should continue supporting major national strategies and increase investment in strategic emerging industries, advanced manufacturing, and tech-based infrastructure, China Securities Journal reported citing Li Yunze, director at the National Financial Regulatory Administration. Industry insiders expect relaxation in regulations on using insurance funds and an improvement to assessment mechanisms to encourage long-term investment, the newspaper said.

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Insurance funds should continue supporting major national strategies and increase investment in strategic emerging industries, advanced manufacturing, and tech-based infrastructure, China Securities Journal reported citing Li Yunze, director at the National Financial Regulatory Administration. Industry insiders expect relaxation in regulations on using insurance funds and an improvement to assessment mechanisms to encourage long-term investment, the newspaper said.