The 8th China Insurance International Summit 2020
Time: 22nd-23rd, June, 2020
Address：Shenzhen · China
Theme: New Intersection of Industrial Development: Openness and Digitalization, Upgrade and Leanization
In January 2020, the China Banking and Insurance Regulatory Commission issued the 'Guiding Opinions on Promoting the High-Quality Development of the Banking and Insurance Industry' (referred to as 'Circular 52'), which proposes that by 2025, the financial structure will be further optimized to form a multi-level, wide- Different banking and insurance institution systems. 'Circular 52' pointed out that insurance institutions should return to the origin of risk protection, play the role of economic 'shock absorber' and social 'stabilizer', and actively promote the development of foreign banks and insurance institutions. Returning to the origin, optimizing structure, strengthening supervision, market orientation, and technological empowerment have become the basic principles of supervision.