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Insurance joins sharing economy

By Meng Fanbin | China Daily | Updated: 2017-09-25 07:55

Risk-aversion seen as potential opportunity to launch new cover products

The rapid development of sharing economy in China brings big opportunities for the insurance industry, according to experts.

That's because sharing economy is characterized by solid demand for certain products and services from risk-averse, cost-conscious consumers.

Insurance joins sharing economy

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