Home / Business / Finance Tools: Save | Print | E-mail | Most Read | Comment
PICC becomes state-control share-holding company
Adjust font size:

People's Insuance Company of China (PICC), the nation's largest insurance conglomerate, has transformed from a solely state-owned company to a state-controlled shareholding insurer, the company said Thursday.

The new company is set up with a registration capital of 30.6 billion yuan (4.5 billion U.S. dollars).

(Xinhua News Agency September 24, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
- PICC to become limited company in July end
- PICC P&C sells stake to parent
- PICC Group to complete shareholding reform this year
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?