Given the aging population in China and the way the country has been managing the retirement and the pension system, there are a lot of growth opportunities for private insurers, said Kimura, who also sees a growth trend in multi-generation management of insurance in China, which is related to retirement and the adoption of the nation's second-child policy.
Ge Chunyao, president of Bank of China's Sichuan branch, said the bank will provide financing for buyers, including comprehensive cross-border financing plans.
Giving workers more of the money their labor has earned ensures greater demand for domestic products
German insurer set to tap burgeoning demand in Chinese insurance sector
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Global investors are expected to invest more in Chinese bonds through the mainland-Hong Kong connect on the back of the stable renminbi exchange rate and the country's fast-growing economy, experts said.
辽宁省医院体检哪里好
Geely vehicles await sale at a dealership in Changzhou, Jiangsu province. [Photo by Wang Qiming/For China Daily]
Geely and Daimler also plan to expand its lineup. It will also set up sales centers in China and Germany. The vehicles will be built in China but the location of the plant has not been released.
Gas output expanded from 68 billion cubic meters in 2007 to 137 billion cubic meters in 2016. Proven reserves of natural gas surged from 6.1 trillion cubic meters in 2007 to 13 trillion cubic meters in 2016, ninth in the world.
Given the volatility of the epidemic, Lam said the HKSAR government as well as the public need to remain alert.