Qi Lu Wan Bao·2025-09-08 03:51Group 1: Overview of the Belt and Road Initiative - The Belt and Road Initiative (BRI) has evolved from a broad vision to a detailed implementation plan, focusing on five key areas: policy communication, infrastructure connectivity, unimpeded trade, financial integration, and closer people-to-people ties [1][10] - Financial services play a crucial role in supporting BRI projects, with China's insurance and banking sectors actively participating in various initiatives to provide diverse financial support [1][10] Group 2: China Life Insurance's Role - China Life Insurance has been actively involved in the BRI by enhancing its financial service system and expanding its overseas insurance market participation [1][2] - The company has developed specialized insurance products for overseas medical teams and other personnel, addressing the risk management needs associated with BRI projects [2][3] - As of July 2025, China Life Insurance has provided insurance coverage exceeding 58 billion for 5,134 individuals across various enterprises involved in BRI activities [7] Group 3: Regional Initiatives and Achievements - In Ningbo, China Life has provided insurance coverage amounting to 6.53 billion for local enterprises engaged in overseas projects, focusing on high-tech, manufacturing, logistics, and trade sectors [3] - The company has also tailored insurance solutions for small and micro enterprises in Xiamen, covering 5.52 million employees and addressing their unique risk management needs [4] - In Chongqing, since 2024, China Life has offered customized insurance solutions for over 900 individuals involved in overseas projects, with total coverage exceeding 19 billion [5][6] Group 4: Expansion of Services - China Life has expanded its insurance offerings to include various types of coverage such as group accident, critical illness, medical, and emergency rescue for personnel involved in BRI projects [9][10] - The company has established a comprehensive service system that includes preemptive measures, responsive actions during emergencies, and efficient claims processing [6][9] - By collaborating with local governments and enterprises, China Life aims to create a cross-border service ecosystem that integrates risk protection, financial support, and policy alignment [3][4]