CHINA TAIPING Subsidiaries Actively Study and Implement the Spirit of the Fourth Plenary Session of the 20th CPC Central Committee

Deep News
11/10

The Fourth Plenary Session of the 20th CPC Central Committee has drawn a grand blueprint for comprehensively deepening reforms and advancing Chinese modernization on the new journey. Subsidiaries of CHINA TAIPING Insurance Group have launched extensive campaigns to study and implement the spirit of the session through various initiatives.

**TAIPING Life Insurance** emphasized the need to deeply understand the session’s overarching and historic contributions, aligning corporate development with national strategies. The company aims to integrate its growth into the broader national agenda, seize strategic opportunities, and achieve high-quality development. It will apply the session’s principles to key tasks, driving year-end targets with full momentum. Additionally, TAIPING Life will focus on optimizing insurance services, advancing business transformation, enhancing technology empowerment, and maintaining strict risk controls while drafting its 15th Five-Year Plan.

**TAIPING Property Insurance** highlighted the political and people-centric nature of financial work, pledging to serve national strategies and excel in the "Five Key Financial Tasks." The company will deepen reforms, foster innovation, and integrate insurance with technology to support development. It will also strengthen risk management and contribute to the Belt and Initiative by building a comprehensive overseas project insurance system.

**TAIPING Pension** committed to leveraging its strengths in pension finance, optimizing structure, reducing costs, and improving quality to provide robust financial support for national strategies.

**TAIPING Asset Management** will adhere to the financial principle of "risk prevention, strong regulation, and high-quality development," enhancing its ability to serve the real economy and national strategies through research, risk control, and technology.

**TAIPING Capital** plans to utilize its expertise in alternative investments to support key sectors like technology innovation and healthcare, aligning with the session’s recommendations.

**TAIPING Industrial** aims to elevate elderly care community operations, addressing aging population challenges with improved services.

**TAIPING Technology** pledged to offer high-reliability, high-quality tech support for financial services while positioning itself within Zhejiang’s "315" sci-tech innovation framework to boost tech-driven enterprises.

**TAIPING Petrochemical Financial Leasing** will focus on green initiatives, domestic aircraft, and shipbuilding, reinforcing its role in national strategic sectors.

**TAIPING Reinsurance (China)** will contribute to catastrophe risk systems and serve the real economy by aligning its expertise with the session’s priorities.

**TAIPING Technology** reiterated its commitment to sci-tech self-reliance, supporting Zhejiang’s innovation ecosystem and tech-finance integration.

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