Ren Min Wang·2025-08-15 05:43Core Viewpoint - The article emphasizes the commitment of China Life to the "Two Mountains" concept, highlighting its efforts in promoting green finance and sustainable development over the past 20 years, contributing to ecological protection and economic growth [1][9]. Group 1: Green Finance Initiatives - China Life has expanded its green finance product offerings and improved service quality to support high-quality development and the construction of a beautiful China [1]. - In Anji County, China Life's subsidiary, Guangfa Bank, provided a credit line of 200 million yuan for bamboo industry upgrades and carbon sink projects, demonstrating the integration of green finance with ecological resource management [2]. - China Life Property & Casualty Insurance has launched marine carbon sink index insurance in Weihai, Shandong, to mitigate risks associated with marine environmental changes, showcasing innovative financial solutions for ecological protection [3]. Group 2: Investment in Clean Energy - China Life has strategically invested in clean energy sectors, including hydropower, wind, and solar energy, with a focus on supporting low-carbon and circular economy financing needs [5]. - The company initiated the "China Life-Lancang No. 1 Green Equity Investment Plan," investing 5 billion yuan to enhance hydropower capacity and promote clean energy investments, expected to reduce carbon emissions by approximately 37 million tons annually [5]. Group 3: Green Insurance Products - China Life's green insurance offerings have expanded significantly, providing risk coverage of approximately 8.64 trillion yuan by mid-2025, reflecting the growth of green insurance products [3]. - The company has developed innovative insurance solutions, such as biodiversity protection insurance and climate insurance, to cover various ecosystems, thereby enhancing the scale of green insurance [3]. Group 4: Community Engagement and Consumer Products - China Life has introduced "green car insurance" and "green home insurance" in Qinghai, linking insurance pricing to low-carbon practices, encouraging environmentally friendly choices among consumers [7]. - Guangfa Bank has launched a comprehensive automotive financial service plan to support the consumption of electric vehicles, with auto loan growth exceeding 26% in the first half of 2025 [7]. Group 5: Digital Transformation and Customer Service - China Life is integrating digital finance into its carbon reduction practices, offering various online platforms for customers to access insurance services efficiently [8]. - The company has achieved significant improvements in claims processing efficiency, with over 60% of auto insurance claims being processed through intelligent systems, enhancing customer experience [8].