Xiang Junbo (項俊波), Chairman of China Insurance Regulatory Commission

"The difficulties of claiming car insurance and misleading insurance sales are the two main problems that need to be solved. The regulatory commission is determined to combat these problems this year."
-National Conference of China Insurance Regulatory Commission on January 7.

Key phrases: focus on service, enhance supervision, avoid risk, promote development.

Core concerns: Reputation of the insurance industry should be improved. As suggested in the guidelines, the focus of the commission has altered from promoting development to regulation.

Original article: [Chinese]