Feng Huang Wang Cai Jing·2025-06-29 02:17Core Viewpoint - The "2025 China Enterprises Going Global Summit" highlighted the challenges and opportunities for Chinese companies expanding overseas, emphasizing the need for enhanced safety measures for expatriates [1][3]. Investment Trends - From 2019 to 2024, China's total foreign direct investment is projected to grow from $136.91 billion to $162.78 billion, an increase of approximately 19.6% [3]. - By the end of 2023, the number of overseas employees from Chinese enterprises exceeded 5 million, with around 3 million foreign employees and 2 million Chinese employees [3]. Safety Challenges - The rise in overseas operations has led to significant safety concerns, with nearly 200 incidents of Chinese citizens facing safety issues abroad daily [4]. - Examples of safety risks include medical emergencies and geopolitical conflicts, highlighting the limitations of traditional insurance models that focus on post-incident compensation [4][6]. Innovative Solutions - Ping An's "24" service model redefines insurance by focusing 60% of resources on prevention, offering pre-departure training, itinerary monitoring, and emergency drills [5]. - The "Prevent-Save-Compensate" model integrates risk assessment, emergency response, and rapid claims processing, transforming insurance from a cost center to a value center [6][8]. Ecosystem Development - Ping An 24 creates a comprehensive service platform that integrates medical, safety, and legal resources, providing a one-stop solution for enterprises [8]. - This collaborative approach allows companies to share resources and manage risks collectively, emphasizing the importance of multi-stakeholder cooperation in overseas ventures [8]. Future Outlook - Ping An 24 has served over 6,000 Chinese enterprises and 600,000 outbound individuals, covering 233 countries and regions, showcasing its industry leadership [9]. - The service continues to evolve, focusing on global rescue networks, intelligent risk management systems, and customized insurance products, aiming to provide a "safe harbor" for Chinese enterprises going global [9].