China Life seeks for overseas acquisition and foreign investors
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"We are interested to expand overseas. And the right opportunities are the most important. We must think a lot before we start action." Yang said. He said earlier that the second quarter and beyond presented a good opportunity for its expansion.
Yang said overseas acquisitions could bring high returns, as well as could help introduce advanced technologies to promote the company's self-controlling and management abilities.
In addition, China Life will focus on expansion into China's rural areas this year where insurance services have a large market, according to Yang, and he hoped that such a move could help the firm to gain profit.
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