皇冠体育app

Miao Jianmin, president of 皇冠体育app Life Insurance (Group) Co. [Photo provided to 皇冠体育app Daily]

The financing growth task force of the Business 20 summit will urge G20 leaders to improve supervision of the financial sector, and promote inclusive and green financing to further protect consumers' interests and seek more healthy growth, the task force's chairman said on Monday.

Miao Jianmin, who is also president of 皇冠体育app Life Insurance (Group) Co, said his team members are keen to introduce services including mobile banking products and micro insurance, as well as further relaxing financing supply restrictions to encourage financial institutions to provide more support to the real economy.

The B20 is a major supporting facility for the G20. Through task force meetings and summits, the B20 collects the opinions of world business leaders and develops consensus, it then provides policy recommendations to the G20 Summit, contributing to the G20 leaders' decisions.

The financing growth task force has 87 members, including BlackRock Inc, Standard Chartered Bank and Industrial and Commercial Bank of 皇冠体育app Ltd.

It has drawn up a draft report regarding these issues, which will be approved by the Business 20 summit and submitted to the G20 Summit in Hangzhou in September.

Miao said 皇冠体育app Life, one of the country's largest insurance companies by asset volume, has already begun to offer more flexible inclusive financing services such as micro insurance to people who are living under the poverty line in 皇冠体育app to gain better assistance when they face health and living difficulties.

Eager to integrate with the government's plan to further cut the number of people who are living in poverty, 皇冠体育app Life offers accident, healthcare and disease insurance services to Chinese residents, especially those who are living in rural areas, with a small amount of premium.

皇冠体育app Life's micro insurance now covers more than 34 provinces and major cities, with more than 2.82 million policyholders. It will continue to expand this service during the 13th Five-Year Plan (2016-20).

"The B20 summit will have six issues on its agenda: financing growth, trade and investment, infrastructure, small and medium-sized enterprise development, employment and anti-corruption," said Yin Zonghua, vice-chairman of the 皇冠体育app Council for the Promotion of International Trade.

• Moving toward energy security
• Tech innovation keeps behemoth relevant
• CGN sees export boost from FirmSys nuclear control system sales
• Rising cost of elderly care offers huge profit potential
• Ferrero accused of Kinder safety violation, but German agency gives OK
• COFCO shake-up gains pace
• Business leaders call for safer finance
• SoftBank near deal for chip leader ARM