CHINA China works to improve personal insurance's coverage and quality

CHINA

China works to improve personal insurance's coverage and quality

Xinhua

21:41, December 09, 2020

BEIJING, Dec. 9 (Xinhua) -- The State Council, China's cabinet, has made arrangements to expand the coverage of personal insurance, improve its quality and promote its sound and healthy development to meet the diversified needs of the Chinese people.

Medical workers check blood pressure for an elderly villager of Huaxi Village, in Zhongyi Township of Shizhu Tujia Autonomous County, Southwest China's Chongqing, Dec. 10, 2019. (Xinhua/Wang Quanchao)

Recent years have seen a stable and relatively rapid development of the personal insurance industry in China, with commercial insurance achieving considerable coverage nationwide, but problems such as insufficient supply of insurance products and low insurance benefits still exist, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

The meeting passed the draft rules on the oversight of the use of health care insurance fund.

It also adopted draft regulations on licensing of pollution discharge.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue