Department head of the China Insurance Regulatory Commission recently said that the insurance sector to play the role of institutional investors, robust operation, to support the stable development of capital markets.
The person in charge in response to media-related interview that the U.S. financial crisis on China's financial markets have had a definite impact on the stability of economic, financial and capital markets, is an important task. Insurance funds have long-term investment characteristics of insurance agencies to adhere to long-term investment, the value of investments of institutional investors to play a role in the stability operation, to support the stable development of capital markets.
He said that the insurance sector according to market principles of operation, insurance regulators in accordance with the law in accordance with regulatory supervision. On the stability of the capital markets a variety of initiatives, the China Insurance Regulatory Commission has always adopted a positive attitude to support.
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