China Life Says New Quality Productive Force Investments Exceed RMB 540 Billion, With 30% Annual Growth
China Life Insurance said its investments in new quality productive forces have surpassed RMB 540 billion, growing at a compound annual rate of 30%. The company outlined plans to deepen its focus on artificial intelligence, semiconductors, health and biotech, green energy, and new infrastructure, while supporting enterprises across development stages and enhancing post-investment management to align with its core insurance business.
At the company's 2026 interim results briefing held on August 28, Liu Hui, vice president and chief investment officer of China Life, said the insurer has stepped up its allocation to new quality productive forces in recent years, with related investments growing at a compound annual rate of 30% and exceeding RMB 540 billion in total.
China Life said it will pursue a systematic approach to this area, intensifying its focus on core tracks including artificial intelligence and semiconductors, health and biotechnology, green energy, and new infrastructure. In terms of development stages, the company will support enterprises through the full cycle of research, industrialization, and mature operations. On the product side, it will strengthen diversification and portfolio construction through multi-asset investment. In management, it will enhance post-investment oversight and business synergy to achieve mutual benefits with its core insurance operations.