Global Trade Alert
Global Trade Alert

China: Market access conditions for foreign insurance companies relaxed

Announcement

29 Nov 2019

November 29th, 2019 - The Chinese government published new rules concerning the activities of foreign insurance firms.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

09 Dec 2019

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

On December 9th, 2019, the China Banking and Insurance Regulatory Commission (CBIRC) released Announcement 2019/4, which introduced amendments to the rules governing market access for foreign insuranc...

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