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| Author: | |
| Title: | The tremendous potential of China's life insurance market (original in Chinese) |
| Journal: | Modern Economic Information (c)
1994 : 3, p.11 |
| Index terms: | LIFE INSURANCE CHINA |
| Language: | chi |
| Abstract: | According to the information by China Insurance Corporation, the domestic life insurance market possesses a potential of over 20 billion yuan, being a trans-century heat of markets. The popularity can be accounted for by: a, strong demands on the consumption market due to the fact that the Chinese residents above the age of 60 have reached 100 million, and up to 150 million in the seven years to come; b, the high profitability of life insurance , c, big potential of the domestic life insurance market. So far, insurance companies at different levels have sprung up, 90 percent of which, however, have not opened this business yet. |
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