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China Pacific Insurance's Fu Fan: Industry competition is shifting from incremental gains to stock battles, and the urgent need for high-quality development transformation is increasing.
Beijing Business News (Reporter Hu Yongxin) On March 27, China Pacific Insurance held its 2025 performance press conference. China Pacific Insurance Chairman Fu Fan stated that our country has entered an era of low interest rates, and the traditional profit model relying on interest spreads urgently needs to change. Industry competition is shifting from incremental dividends to stock game, and the transformation towards high-quality development is becoming increasingly urgent. In the face of a new journey, the group will adhere to seeking progress while maintaining stability, enhancing quality and efficiency, and accelerating the establishment of a first-class insurance financial service group with market leadership and international competitiveness.