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Global Trade Alert

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China: Financial regulator allows 100% foreign ownership of life-insurance firms

Description

On December 6th, 2019, the China Banking and Insurance Regulatory Commission released Yinbaolin Banfa 2019/230, which removed the equity restriction on foreign firms in the Chinese life insurance mark...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

01 Jan 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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