国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

Insurers to be allowed to increase overseas investment

By Rong Xiandong (Chinadaily.com.cn)
Updated: 2007-07-24 17:02

The Chinese government is to release amended rules on management of insurance companies' overseas investment soon, allowing the nation's insurers to put more of their assets overseas to compensate for higher interest rates at home, the industry regulator said.

The China Insurance Regulatory Commission (CIRC) is working on the revised regulations together with other regulatory bodies and that the rules will be released soon, said the CIRC spokesman and assistant president Yuan Li at today's press conference.

In 2006, the commission publicized draft rules under which domestic insurers are permitted to invest overseas using their own foreign currency or by buying other currencies.

The State Council allowed insurance companies to use their own foreign exchange (forex) for offshore investments in 2004 and gave the nod to their purchasing forex for investments in overseas markets in 2006, according to Yuan.

These measures have played an important role in promoting domestic insurance capital's investment abroad. As of June this year, domestic insurers had invested a total of 19.7 billion yuan in overseas markets.

China raised interest rates and cut the withholding tax on interest income on Friday in a coordinated move to get the blistering economy onto a healthier footing.


(For more biz stories, please visit Industry Updates)



Related Stories  
宾阳县| 万源市| 宣汉县| 鹿邑县| 延吉市| 密云县| 大关县| 永修县| 门头沟区| 万山特区| 厦门市| 西贡区| 云梦县| 天镇县| 锦屏县| 邳州市| 镇安县| 上虞市| 大竹县| 山西省| 濮阳市| 盐池县| 萝北县| 西盟| 寿宁县| 扎鲁特旗| 陆丰市| 青铜峡市| 顺义区| 宝应县| 成都市| 高尔夫| 怀远县| 卫辉市| 芦山县| 旬阳县| 崇文区| 兴隆县| 桦川县| 石城县| 广饶县|