| Tekijä: | Shun, Qixiang |
| Otsikko: | China's insurance: contradictions, challenges and countermeasures (original in Chinese) |
| Lehti: | Economic Science (c)
1998 : 4, p.36-45 |
| Asiasana: | INSURANCE CHINA |
| Kieli: | chn |
| Tiivistelmä: | In the course of China's insurance development, there are internal contradictions between increasing insurance portfolio and consumers' weakening awareness of risk and insurance, between many kinds of risks and single sort of insurance, between high demand for investment in life insurance and weak capital market, between rapidly expanding business and shortage of personnel, between diversified market development and weak supervision and management. To settle these contradictions, we should handle well the relationship between extension-type development and connotation-type development of insurance and stress the coordinated, standardized and innovative development. Besides, we should develop capital market, and follow the tracks of the financing trends of banking and insurance business of insurance industry worldwide. |
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