Insurance Law

China Life Insurance (Group), one of China's biggest insurance groups, has announced plans to buy a 10% stake in Huishang Bank, the Asian Wall Street Journal…

The Chinese government plans to spend Rmb1.25 trillion to improve the country's railroad system by 2010, reports the Asian Wall Street Journal. With an…

Issued: November 7 2006Applicability: Newly-added construction land refers to construction land converted from agricultural land or unutilized land. …

China Life Insurance (Group), one of China's biggest insurance groups, has announced plans to buy a 10% stake in Huishang Bank, the Asian Wall Street Journal…

Issued: September 21 2006Main contents: The Circular details the investment in the equity interests of commercial banks by insurance institutions regarding:(1)…

Issued: September 21 2006Main contents: The Outline states that the business development objectives are:(1) to strive to double 2005's national income…

Will the Circular on the Investment in the Equity Interests of Commercial Banks by Insurance Institutionsdiminish benefits for foreign investors? How will local insurers manage the new dimension of competition?

This Circular aims to enhance the investments of insurance capital. Insurance institutions may now invest in the equity of unlisted banks. Investment qualifications, withdrawal mechanism, and risk management are also covered.

China is well placed to fully benefit from the Kyoto Protocol's clean development mechanism, which allows polluters in industrialized countries to offset emissions by investing in climate-friendly technologies and infrastructure projects in China.