China’s insurance system was introduced from abroad in the 19th century. Before the establishment of the People’s Republic of China, only a few metropolises had insurance organizations, so China’s insurance industr...China’s insurance system was introduced from abroad in the 19th century. Before the establishment of the People’s Republic of China, only a few metropolises had insurance organizations, so China’s insurance industry was under developed and economically backward. Soon after the founding of New China, the People’s Insurance Company of China (PICC) was set up in October 1949.展开更多
文摘China’s insurance system was introduced from abroad in the 19th century. Before the establishment of the People’s Republic of China, only a few metropolises had insurance organizations, so China’s insurance industry was under developed and economically backward. Soon after the founding of New China, the People’s Insurance Company of China (PICC) was set up in October 1949.
