Li Yunze: Further expand the pilot scope of long-term investment of insurance funds to introduce more incremental funds into the market.
On May 7th, Li Yunze, director of the China Banking and Insurance Regulatory Commission, stated during a press conference held by the State Council Information Office that a total of eight incremental policies have been introduced recently. These policies include further expanding the scope of long-term investment pilot projects for insurance funds to introduce more incremental funds into the market, adjusting and optimizing regulatory rules, lowering the risk factor for insurance companies investing in stocks, supporting stable and active capital markets, promptly introducing a package of policies to support financing for small and micro enterprises and private enterprises, formulating a series of policy measures to support the development of foreign trade in the banking and insurance industries, providing precise services to market entities significantly affected by tariffs, revising the management measures for mergers and acquisitions loans, increasing investment in technology innovation enterprises, and formulating opinions on high-quality development of technology insurance.
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