ANNOUNCED AS TEMPORARYNo
FDI: Entry and ownership rule
On June 19th, 2018, the China Banking Regulatory Commission announced that it was allowing foreign insurance assessment firms to set up in China.
The only stipulation is that firms must have been conducting business successfully for three years to be able to do so.
The policy was intended to 'further expand the opening up of the insurance industry and promote the insurance agency industry in China'.
A simultaneous announcement allowed foreign insurance agencies to do the same (see related act for more information).
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