Zhong Jin Zai Xian·2025-08-15 04:38Core Viewpoint - The "Two Mountains" concept, proposed 20 years ago, emphasizes the relationship between economic development and ecological protection, showcasing its enduring value in guiding China's ecological civilization construction [1] Group 1: Green Finance Initiatives - China Life has actively implemented the "Two Mountains" concept by expanding green finance products and services, contributing to high-quality development and the construction of a beautiful China [1] - In Anji County, China Life's subsidiary Guangfa Bank provided a loan of 200 million yuan for bamboo industry upgrades and carbon sink projects, while also offering insurance services for forestry [2] - Guangfa Bank's green credit balance exceeded 210 billion yuan by mid-2025, supporting over 50 carbon reduction projects nationwide [2][3] Group 2: Innovative Insurance Products - China Life Property Insurance has developed various insurance products focusing on environmental protection, including pollution liability insurance and biodiversity protection insurance, achieving full coverage for carbon sink insurance across ecosystems [3] - By mid-2025, the green insurance provided by China Life Property Insurance offered risk coverage of approximately 86.4 trillion yuan [3] Group 3: Investment in Clean Energy - China Life has invested significantly in clean energy sectors, including hydropower, wind, and solar energy, with a strategic investment of 5 billion yuan to enhance hydropower capacity and support clean energy projects [5] - The investment is expected to reduce carbon emissions by nearly 37 million tons annually, marking it as the first certified green equity investment plan in the industry [5] Group 4: Support for Green Transformation - China Life has developed financial solutions to support companies transitioning from high carbon to low carbon emissions, exemplified by a financing plan for a leading glass manufacturer that links financing costs to emission reduction targets [6] - The innovative financing mechanism encourages companies to achieve their carbon reduction goals while benefiting from lower financing costs [6] Group 5: Promoting Green Consumption - China Life has introduced green insurance products that incentivize environmentally friendly choices, such as discounts for using remanufactured parts in vehicle repairs [8] - Guangfa Bank has launched a comprehensive automotive financial service plan to promote green consumption, with auto loans increasing by over 26% in the first half of 2025 [8] Group 6: Digital Transformation in Green Finance - China Life is integrating digital finance into its green initiatives, offering various online platforms for customers to access insurance services efficiently [9] - By mid-2025, the company processed over 3.91 million claims, with a significant portion handled through digital channels, enhancing customer experience and operational efficiency [9] Group 7: Commitment to Sustainable Development - China Life is committed to supporting ecological protection and sustainable development through its "333 strategy," aiming to enhance its capacity to facilitate green transformation in industries [10] - The company emphasizes the importance of financial support for ecological civilization and aims to contribute to harmonious coexistence between humans and nature [10]