段颖：贯彻落实“十五五”规划建议要求 全面服务新质生产力发展

Core Viewpoint - The insurance industry plays a crucial role in supporting the development of new productive forces through its unique advantages, including long-duration capital, stable cash flow, and large-scale investment capacity [5][8][9]. Group 1: Role of Insurance Funds - Insurance funds are a significant force in promoting the development of new productive forces, providing risk management and financial services for major projects and key industries [5][6]. - During the "14th Five-Year Plan" period, technology insurance has provided risk protection exceeding 10 trillion yuan, supporting 3,600 innovative application projects [5]. - Insurance funds are increasingly directed towards new productive forces, with investments in stocks and equity funds exceeding 5.4 trillion yuan, an 85% increase from the end of the "13th Five-Year Plan" [8]. Group 2: Unique Advantages of Insurance Funds - Insurance funds have a long duration, allowing for cross-cycle asset allocation and the ability to uncover investment value over the entire lifecycle of enterprises [7]. - The stable cash flow from long-term life insurance premiums enables a sustainable investment approach, fostering long-termism [8]. - As of Q3 2025, the total investment balance of insurance companies reached 37.5 trillion yuan, a 16.5% year-on-year increase, providing robust support for the development of new productive forces [8]. Group 3: Enhancing Resilience and Strength - The insurance industry aims to optimize asset allocation and enhance risk management capabilities, ensuring safety and stability in investments [9]. - Long-cycle assessments are being explored to promote the long-term value concept and sustainable development within the insurance sector [10]. - Strengthening investment research capabilities is essential for discovering investment value and implementing differentiated policies based on the different stages of enterprises [10]. Group 4: Future Directions - The insurance industry will align with national strategies to enhance financial services, focusing on upgrading key industries and fostering emerging sectors [11].