Zheng Quan Ri Bao Wang·2025-10-28 04:51Core Viewpoint - Major insurance companies are studying the spirit of the 20th National Congress and aim to implement the "five major articles" of finance to achieve long-term sustainable high-quality development in the industry [1][5]. Industry Development Potential - The 20th National Congress has outlined a blueprint for China's development over the next five years, emphasizing the broad development space for the insurance industry, which plays a crucial role in financial services and modern market economy [2][9]. - The insurance sector is expected to focus on its role as an "economic shock absorber" and "social stabilizer," supporting economic construction, social governance, and addressing the needs of small and micro enterprises [2][7]. Company Strategies - China Life is committed to deepening reforms and high-quality development, aligning with the spirit of the 20th National Congress to seize development opportunities and address risks [3][5]. - China Pacific Insurance aims to enhance its service capabilities and focus on the core functions of insurance to support national strategies and economic stability [3][7]. - New China Life Insurance is focusing on a customer-centric approach and aims to integrate insurance with investment and services to enhance its operational model [4][8]. Implementation of High-Quality Development - Insurance companies are translating the Congress's directives into actionable plans, focusing on their business positioning and resource allocation to ensure sustainable high-quality development [5][9]. - China Ping An emphasizes serving the real economy and enhancing financial services in key areas such as small and micro enterprises and healthcare [6][9]. - China Re is committed to supporting national strategies and enhancing its role in social welfare and economic stability through various insurance products [7][9]. Conclusion - Overall, major insurance companies are adopting clear strategies and practical measures to leverage their functional value, support national strategies, and drive their own high-quality development, thereby contributing to the high-quality development of China's economy and society [9].