Photo taken on Sept. 9, 2020 shows the view of the skyscrapers of the Central Business District (CBD) in Beijing, capital of China. (Xinhua/Chen Zhonghao)
BEIJING, Aug. 15 (Xinhua) -- China's insurance premium income went up 4.2 percent year on year in the first half of 2021, data from the country's top insurance regulator showed.
Premium income reached 2.7 trillion yuan (about 416.7 billion U.S. dollars) during the January-June period, according to the China Banking and Insurance Regulatory Commission.
As of the end of June, combined assets of the insurance industry totaled 24 trillion yuan, up 7.4 percent from the beginning of the year.
Authorities have moved to tighten the regulation of the insurance sector in recent years as they prioritize the prevention of systemic financial risks. Enditem
A single purchase
