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Think tank devoted to insurance sector launched in China

Posted On: Jul. 7, 2014 12:00 AM CST

A think tank dedicated to the insurance sector has been set up in China, Xinhua reported.

Xiang Junbo, head of the China Insurance Regulatory Commission, said the Beijing Insurance Research Institute's establishment is a "necessary requirement" for deepening the insurance industry's reform.

The institute will offer suggestions for major policy and mechanism design, reports Xinhua.

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