New China Life Insurance's Yang Yucheng: Whoever Seizes the Opportunity in Retirement Finance Will Win the Next "Golden Decade"

GateUser-bd883c58 · 2026-03-30T11:36:25+00:00

New China Life Insurance Chairman Yang Yucheng mentioned that the aging population and economic restructuring will change insurance demands, driving life insurance companies to develop in the pension finance sector. Companies that seize this opportunity will迎来 new growth opportunities and gain a competitive edge for the next decade.

GateUser-bd883c58

2026-03-30 11:36:25

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On March 30, at the 2025 performance release conference of New China Life Insurance (601336.SH), Chairman Yang Yucheng said that the worsening aging of China’s population is driving a systematic shift in society’s demand for risk protection. Combined with the macroeconomic transition and structural adjustments, the insurance industry’s functional positioning in serving the real economy and doing well on the financial “five major articles” is becoming increasingly important. The insurance industry faces increasingly diverse, scenario-based insurance needs—from risk protection to wealth management, from medical and healthcare to education, culture, and tourism—commercial insurance and consumer scenarios, as well as service scenarios, are becoming ever more closely integrated, bringing important incremental development opportunities for life insurance companies. Whoever seizes the opportunity in retirement finance will win the next “golden decade.”

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