China Postal Group to set up insurance company
文章来源: 文章作者: 发布时间:2007-04-26 09:14 字体: [ ]  进入论坛
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China Postal1 Group (CPG) plans toset up an insurance company which will be the country's first insurer with sole investment from the postal sector2
 
Apr.25 - China Postal Group (CPG) plans toset up an insurance company which will be the country's first insurer with sole investment from the postal sector, Wu Dingfu, chairman of China Insurance Regulatory Commission (CIRC), said Tuesday.

 

Wu said the commission is currently dealing3 with the application submitted by the CPG for establishing an insurance company.

 

The company would be set up by the CPG and its plentiful4 subsidiaries across the country, and would provide insurance services involving relatively5 small amount of money as some Japanese insurers do, according to Wu.

 

About 20,000 insurance companies operating in Japan are mainly engaged in one-year life and medicare insurance and two-year property insurance, which usually set an upper limit to the compensation amount.

 

China's postal sector, boasting 36,000 outlets6 nationwide, simply serves as the sales agent of insurance products for the moment, but was urged to explore further cooperation with the insurance sector.

 

Statistics show that nearly 14 percent of the country's insurance agents come from the postal sector by the end of March.

 

The CPG has earlier made a step toward the financial reform in establishing the China Postal Savings7 Bank with total registered capital of 20 billion yuan (2.6 billion U.S. dollars), which becomes the country's fifth largest bank.

 



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1 postal EP0xt     
adj.邮政的,邮局的
参考例句:
  • A postal network now covers the whole country.邮路遍及全国。
  • Remember to use postal code.勿忘使用邮政编码。
2 sector yjczYn     
n.部门,部分;防御地段,防区;扇形
参考例句:
  • The export sector will aid the economic recovery. 出口产业将促进经济复苏。
  • The enemy have attacked the British sector.敌人已进攻英国防区。
3 dealing NvjzWP     
n.经商方法,待人态度
参考例句:
  • This store has an excellent reputation for fair dealing.该商店因买卖公道而享有极高的声誉。
  • His fair dealing earned our confidence.他的诚实的行为获得我们的信任。
4 plentiful r2izH     
adj.富裕的,丰富的
参考例句:
  • Their family has a plentiful harvest this year.他们家今年又丰收了。
  • Rainfall is plentiful in the area.这个地区雨量充足。
5 relatively bkqzS3     
adv.比较...地,相对地
参考例句:
  • The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
  • The operation was relatively painless.手术相对来说不痛。
6 outlets a899f2669c499f26df428cf3d18a06c3     
n.出口( outlet的名词复数 );经销店;插座;廉价经销店
参考例句:
  • The dumping of foreign cotton blocked outlets for locally grown cotton. 外国棉花的倾销阻滞了当地生产的棉花的销路。 来自《简明英汉词典》
  • They must find outlets for their products. 他们必须为自己的产品寻找出路。 来自《现代汉英综合大词典》
7 savings ZjbzGu     
n.存款,储蓄
参考例句:
  • I can't afford the vacation,for it would eat up my savings.我度不起假,那样会把我的积蓄用光的。
  • By this time he had used up all his savings.到这时,他的存款已全部用完。
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