摘要
Support for Insurance The 13hinese Government on August 13 unveiled measures to develop the insur- ance industry, vowing to raise premium incomes to 5 percent of GDP by 2020. The package issued by the State Council aims to let the insurance industry play a bigger role in the fledgling social security network. The second of its kind since 2006, the package could see citizens pay ing an average of 3,500 yuan （$565） per capita in premiums by 2020. Commer- cial insurance will become the primary undertaker of individual and household programs and an important supplier of corporate pensions and health insurance The insurance will be given a bigger role in the prevention and relief of disasters and accidents through introduction of catastrophe insurance products.
Support for Insurance The 13hinese Government on August 13 unveiled measures to develop the insur- ance industry, vowing to raise premium incomes to 5 percent of GDP by 2020. The package issued by the State Council aims to let the insurance industry play a bigger role in the fledgling social security network. The second of its kind since 2006, the package could see citizens pay ing an average of 3,500 yuan （$565） per capita in premiums by 2020. Commer- cial insurance will become the primary undertaker of individual and household programs and an important supplier of corporate pensions and health insurance The insurance will be given a bigger role in the prevention and relief of disasters and accidents through introduction of catastrophe insurance products.
