On the afternoon of March 7, Cao Jiazhong, member of the Standing Committee of CPC Changzhou Municipal Committee and executive deputy mayor of Changzhou, met with the delegation of China Pacific Property Insurance Co., Ltd. headed by chairman Gu Yue.

Cao Jiazhong said that Changzhou's economic and social development requires the participation and support of financial enterprises. It is hoped that Pacific P&C will participate in Changzhou's development from a broader perspective and a wider scope to achieve a win-win situation between enterprises and local governments.

China Pacific Property Insurance (known as CPIC Property) is a subsidiary of China Pacific Insurance (Group) Co., Ltd. It is the second largest general insurer in China, providing services in fields of aerospace, financial trade, technological innovation, infrastructure, agriculture, forestry, animal husbandry and fishery, etc. In 2018, the Changzhou Branch's premium income was 1.32 billion yuan, a year-on-year increase of 10.8%.