China pushes for compulsory environmental pollution liability insurance

The China Insurance Regulatory Commission and the Chinese Ministry of Environmental Protection are drafting a measures that will make environmental pollution liability insurance compulsory, ecns.cn reports. Xiang Junbo, chairman of the CIRC, said that 30 provinces, autonomous regions and municipalities are already carrying out pilot projects for the plan. The key areas the insurance projects cover include heavy industry, heavy metals, textiles and chemical industries.

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