Home / 2017 NPC and CPPCC

Govt steps up mandatory pollution insurance plan

By Cai Xiao | chinadaily.com.cn | Updated: 2017-03-12 12:40

China Insurance Regulatory Commission and Ministry of Environmental Protection are stepping up the drafting pace of the plan to implement the environmental pollution mandatory insurance, said Xiang Junbo, chairman of China Insurance Regulatory Commission, on Sunday.

Xiang said there are already 30 provinces, autonomous regions and municipalities carrying out the pilot projects. The key areas the insurance projects cover include heavy industry, heavy metal and chemical industry.

The total premium raised by environmental protection insurance reached 280 million yuan ($40.6 million) in 2016 and the value of insurance protection was 26 billion yuan.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US