Briefly

SOEs show revenue uptick in Jan-Feb

China's State-owned and State-controlled enterprises saw their total revenue rise 0.2 percent year-on-year to 12.57 trillion yuan ($1.8 trillion) in the first two months of 2026, data from the Ministry of Finance showed.

China offers innovation practices in insurance

As the world's largest emerging insurance market, China offers innovation practices in inclusive insurance for the world, an expert said at a forum held by the Geneva Association and PICC Group. According to Kai-Uwe Schanz, an expert from the Geneva Association, China ranks among the global leaders in its policy support for the inclusive insurance, and what makes China's experience unique is the scale of its development and the highly coordinated multiparty collaboration between the government and various industries. PICC provided an inclusive insurance coverage amount of 118.8 trillion yuan ($17.2 trillion) in 2025.

Xinhua - China Daily