The gains have been fueled by share buybacks and the firm's plans for a backdoor listing on the Chinese mainland.
The future landscape is filled with challenges arising from the COVID-19 outbreak, the global economic downturn and the fierce insurance market competition. However, the insurance sector also bears great potentials, and is undergoing profound shifts and forming new patterns, thus presenting great opportunities. China Re Group will follow the strategies of "platform operation, technology advancement and globalization", firmly adhere to effective development, meet market benchmarks, keep the bottom-line of risk compliance and continue digital transformation, implement the operation strategy of "stabilizing growth, optimizing structure, controlling risk, and improving profitability", while striving to achieve the "One-Three-Five" Strategy,high-quality development and sound growth in overall value, to deliver more value for China Re Group's customers and shareholders.
The government will also improve the deposit insurance system and explore market-oriented methods for financial institutions to deal with risk.
The government has successfully walked the tightrope in containing disturbances without requiring the intervention of the mainland and without any loss of life.
The general elections, held every five years, will choose representatives to the next term of the parliament which will further elect president and two vice presidents and form a new term of government.
The four innovative ways of life were most appealing to youths from 20 countries involved in the Belt and Road Initiative, according to a survey by the Belt and Road Research Institute of Beijing Foreign Studies University.
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The funding gap could create pressure for higher borrowing by local State-owned enterprises, especially for local government financing vehicles, it said.
The global bio-fertilizer market was valued at .22 billion in 2017, and is projected to grow to .8 billion in 2023, according to Frisbie. With increasing pressure on global food production, the demand for fertilizers is expected to increase, which in turn would enhance the growth of this market, he said.
The free trade area was outlined in the African Continental Free Trade Agreement signed by over 40 African countries in March 2018. According to the UNECA, the agreement will boost intra-African trade by 52 percent by 2022.
The future of banks' asset management business will depend on their expertise in the field, they said.