Domestic

China's PICC becomes State-controlled share-holding company

(Xinhua)
Updated: 2009-09-24 13:44

Related readings:  PICC profits only 26% of estimates  PICC says AIG won't sell stake

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).

Specials

Launch of Growth Enterprise Board

Obama Visits China

A(H1N1) Flu

World Expo 2010

more

• 

  Kingdom of Dwarves

  Midgets participate in the "Kingdom Of The Dwarves" show in Kunming World Butterflies Garden, Yunnan province, November 11, 2009.

• 

  Hong Kong IPO

  Strong demand for a piece of a Chinese property company and a Chinese brokerage shows that select IPOs are still being coveted.

• 

  Prada Book Launch Party

  Actress Jessica Alba arrives at the Prada Book Launch Party at Prada Rodeo Dr. on November 13, 2009 in Beverly Hills, California.

• 

  Lisa Ono Tour

  Japanese bossa nova singer Lisa Ono will stage her World Tour Live in Beijing December 5,2009.

• 

  China's govt looks very high of Obama's visit this week and expects a further cooperative deal to be established between two countries.

Column

Chen Weihua

No China bashing, all eyes on cooperation

You Nuo

Talk of green, not war, partnerships

Raymond Zhou

No curveballs as expected questions hit out of the park

Zhu Qiwen

Obama should address economic uncertainties

more

China Daily E-paper

China Daily

US Edition

21st Century

Business Weekly

China Daily PDF

Subscribe

Advertise

Jobs

Introduce