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Chinese regulator urged insurers to increase investment in the economy

The head of the China Securities Regulatory Commission (CSRC) urged institutional investors to invest more in stocks to limit short-term market fluctuations and contribute to economic restructuring. According to the official, the Chinese economy “remains healthy despite numerous problems,” the UkrStrakhovanie website reports.
Chinese regulator urged insurers to increase investment in the economy

Addressing the banking and insurance sectors, the CSRC executive emphasized the regulator's policy of non-interference in the activities of institutional investors.

“At present, the global economic recovery is slowing down, geopolitical tensions are deepening, while the domestic economy is facing the triple challenges of contraction in demand, a supply shock and more gloomy expectations,” the regulator executive said. He also stressed that attractiveness of China's capital market for investors remained unchanged.

Source: https://www.ukrstrahovanie.com.ua/news/kitajskij-regulyator-prizval-strahovshhikov-uvelichit-investiczii-v-ekonomiku

Photos are from open sources.

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