Beijing Business Daily (Reporter Chen Tingting, Hu Yongxin) China Life's "14th Five-Year Plan" outline proposes to focus on building "six major China Life", what are the considerations? At the China Life2021 performance conference held on March 25, Su Hengxuan, president of China Life, said that China Life has formulated China Life's "14th Five-Year Plan" based on the foresight and combined with reality. Adhere to people-centered , protect the good life of the people, and build a world-class life insurance company's mission and vision. It is hoped that through the formulation of a five-year plan, after five years of hard work and hard work, China Life's party building work will continue to strengthen, Reform and innovation can be promoted in an all-round way, the dominant position in the market will be firmer, the quality and benefit will be better, the customer experience will be better, the technology will be more driven, risk prevention and control will be more stable, and the core business indicators will continue to remain within a reasonable range. double frontrunner. In view of this, China Life put forward the initiative of building "six country life".
Image source: China Life Insurance 2021 Performance Conference Live
One is Pioneer China Life. China Life should play its role as the mainstay of a large state-owned enterprise or insurance company in the industry, and deeply integrate the company's development with the new development pattern. Strategy, aging population strategy, national and regional development strategy, promotion of common prosperity, etc., China Life can play a pioneering and exemplary role in the industry, and continuously enhance China Life's political and people's character.
The second is Happy China Life. China Life adheres to sharing, win-win and joint construction, provides customers with high-quality products and services, can create sustainable and stable returns for shareholders, and at the same time allows employees to share the company's development achievements.
The third is Evergreen China Life. China Life wants to build a life insurance operation and management value chain that meets the requirements of the new era, and build an everlasting, century-old store. China Life must adapt to the needs of the new situation, accelerate transformation and upgrading, and strengthen the construction of various aspects of capabilities, including the company's governance capabilities, and the ability to modernize governance capabilities, including the company's business development, technological construction, operational services, and consumer rights protection. , compliance management, investment capabilities and other aspects to promote the healthy, sustainable and high-quality development of the company.
The fourth is the vitality of China Life. To achieve the high-quality development of China Life Insurance, we must constantly deepen reform and innovation. Although China Life Insurance and the Republic have grown together and achieved considerable development over the years, and made certain contributions to social and economic development and the better life of the people, it is necessary to truly adapt to the new era, adapt to the new development concept, and integrate into the new life. In order to achieve high-quality development, there is still a lot of work to be done. It is very important to continue to reform and innovate, based on reality, look to the future, learn from others, and keep pace with the times.
The reform of the "Dingxin Project" is a new starting point. At that time, it was proposed that the reform of the "Dingxin Project" is to "lay the foundation" in one year, "build the framework" in two years, and "renovate" in three years. It is not just an organizational structure. Adjustment does not mean that three years is the end, but it is just a new beginning. It is not only a transformational project, but also a basic project, and it is also a long-term project. It must constantly integrate the requirements of the new era, new development, and new ideas. , but also keep a close eye on the international frontier, and focus on realizing the mission and vision of a world-class life insurance company, and constantly add new content. In the past two years, China Life has detailed and implemented dozens of projects, and achieved some results. Of course, some projects are still in the process of continuous promotion. In the future, China Life will implement new content and new projects in combination with changes in the new situation, including adjustments to regulatory policies, etc. Its purpose is to further stimulate the vitality of the market through reform and innovation, and promote the pace of the company's marketization.
Five is the number of China Life. Digital China Life is very important to China Life. Technology has become the basis for supporting the operation of the entire company. The reason why China Life has undergone great changes in recent years, including development, operation, customer service, risk management and control, and many other aspects. The efforts, especially the construction of Xinchuang, have contributed a lot. To build a digital China Life is to use data as the key production factor, modern information network as the main carrier, and digital technology application as the main feature of digital China Life. China Life once proposed to be a "technologically strong company".
Sixth, China Life Insurance. as financial"In the battle against the three major tasks, the first is to prevent financial risks, so China Life should coordinate development and security, strive to build an industry-leading risk management system, and continue to promote the healthy development of China Life.
