September 6, 2017 / 4:44 AM / in a year

China encourages foreign insurance firms to enter its health, disaster and pension markets

BEIJING (Reuters) - China will encourage foreign firms to enter the local health, disaster, and pension insurance markets, the insurance regulator said on Wednesday.

The China Insurance Regulatory Commission said in a post on its website that it will improve market entry policies for foreign insurance firms that have not entered China.

Reporting by Beijing Monitoring Desk; Editing by Stephen Coates

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