Yang Yucheng: "15th Five-Year Plan" Period Represents Key Opportunity for Insurance Industry and Crucial Five Years for New China Life Insurance to Become China's Leading Insurance Service Group

Deep News
Aug 29

On August 29th, New China Life Insurance Company Ltd. held its 2025 interim results briefing. Chairman Yang Yucheng highlighted that the "15th Five-Year Plan" period represents a significant opportunity for insurance industry development and marks crucial five years for New China Life Insurance Company Ltd. to advance toward becoming China's leading insurance service group.

The company has commenced its "15th Five-Year Plan" strategic planning initiatives, committing to thoroughly implement a comprehensive insurance philosophy and actively execute the "New Ten Insurance Policies." The strategy involves integrating into the national reform and development framework while anchoring the development vision of becoming "China's first-class financial service group with insurance business as the core."

The company will comprehensively advance customer-centered strategic transformation, continuously strengthen endogenous momentum for high-quality and high-capability development, and establish five core strategic positions: becoming a proactive participant in reform and development, a guardian of customer service, a responsible provider of patient capital, a determined pioneer moving forward, and a practitioner of insurance compassion.

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