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Is China Life Insurance a state-owned enterprise?

China Life Insurance Co., Ltd. is a state-owned enterprise. Its shareholder is China Life Insurance Company, and its shareholder is the State Council.

China Life Insurance Co., Ltd. was established on June 30, 2003. Its registered address is located at No. 16 Financial Street, Xicheng District, Beijing. It is one of the world's top 500 companies and one of the top 500 Chinese brands.

China Life Insurance Co., Ltd. is China's largest life insurance company and has been listed in New York, Hong Kong and Shanghai.

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1. The business scope of China Life Insurance Co., Ltd. includes various personal insurance businesses such as life insurance, health insurance, and accident insurance; reinsurance business of personal insurance; fund utilization business permitted by national laws and regulations or approved by the State Council; various personal insurance businesses;

Insurance services, consulting and agency business; securities investment fund sales business, etc.

China Life Insurance Co., Ltd.’s overseas investments include China Life (Beijing) Health Management Co., Ltd., China Life (Suzhou) Senior Care Investment Co., Ltd., Chinalco Shandong Co., Ltd., Sinopec Sales Co., Ltd., and Sinopec Sichuan-East Gas Transmission Co., Ltd.

Natural Gas Pipeline Co., Ltd., Shanghai Poly Jianhao Commercial Investment Co., Ltd., etc.

2. China Life is a key state-owned insurance company.

In addition to field (i.e., operational) personnel, most of the company's employees are staffed.

China Life Insurance (Group) Company is a large state-owned financial and insurance enterprise.

Headquartered in Beijing, it is one of the world's top 500 companies and China's top 500 brands.

It is a central financial enterprise.

The company's predecessor was the original People's Insurance Company of China established in 1949. In 1996, China Life Insurance Co., Ltd. was established. In 1999, it was renamed China Life Insurance Company.

In 2003, with the approval of the State Council and the approval of the China Insurance Regulatory Commission, the original China Life Insurance Company was restructured into China Life Insurance (Group) Company.

The business scope comprehensively covers life insurance, property insurance, pension insurance (enterprise annuity), asset management, alternative investments, overseas business, e-commerce and other fields, and participates in financial services such as multiple banks and securities companies through capital operations.

and non-financial institutions.