Global Trade Alert
Global Trade Alert

China: Foreign insurance agencies allowed to operate in the PRC

Announcement

19 Jun 2018

June 19th, 2018 - The Chinese government announced it would be opening up the insurance market in the PRC.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

29 Jun 2018

Revocation date:

No revocation date

Updated: 19 Jun 2018
FDI: Entry and ownership rule In force

On June 19th, 2018, the China Banking Regulatory Commission announced that foreign insurance agencies who have been conducting business for at least three years would be allowed to set up businesse...

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