Industrial and Commercial Bank of China and Ping An Insurance (Group) have signed an e-commerce strategic cooperation agreement to implement business cooperation in related areas.
Under the agreement, the two parties will work together to promote the online payment of insurance fees across China; expand new business models and business cooperation sectors focusing on online insurance and phone insurance; launch capital regulation and financing services related to e-insurance business; and establish a new model for the cooperation between banks and insurance companies.
ICBC is the largest commercial bank with the highest credit rating in China. In 2009, the trading value of its e-bank reached CNY181 trillion. Meanwhile, the bank is actively adjusting its service structure while developing new intermediary services like bank insurance. At present, ICBC occupies about 30% share in the Chinese bank insurance market.
Let us read it for you. Listen now. Your browser does not support the audio…
At least 2,000 rai of forest destroyed by wildfire near army training site PUBLISHED :…
Seoul, March 21 South Korea is in close talks with countries, including Iran, to ensure…
Kanwal Sibal, Chancellor of the Jawaharlal Nehru University (JNU) and the former Foreign Secretary of…
BEIJING, March 20, 2026 /PRNewswire/ -- iQIYI, China's leading online entertainment platform, premiered historical romance…
SEOUL - Throughout their long reign as a K-pop phenomenon, BTS has shaped culture in…