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Insurers to finance infrastructure projects

Infrastructure investment a good option for insurers

By Hu Yuanyuan (Chinadaily.com.cn)
Updated: 2008-12-27 11:43

China's insurance regulator will promote insurers' debt investment into infrastructure projects in 2009, Wu Dingfu, chairman of the China Insurance Regulatory Commission said today.

Debt investment into sectors like transportation, telecommunications and resources will be particularly welcome, said Wu.

Meanwhile, the pilot program on insurers' equity investment into financial companies and other quality enterprises will also be expanded in 2009, he added.

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