China's Finance Ministry Injects RMB 35 Billion into China Life Group
China's Ministry of Finance will inject RMB 35 billion into China Life Insurance (Group) Company, funded by special treasury bonds, to strengthen the insurer's stable operations. In the first half of 2026, the group reported consolidated revenue exceeding RMB 520 billion and net profit above RMB 130 billion under new accounting standards, both record highs for the period. The injection aims to boost support for major national strategies and key sectors.
The Ministry of Finance will inject RMB 35 billion into China Life Insurance (Group) Company, with the capital provided through the issuance of special treasury bonds. China Life Insurance (Group) Company is a central state-owned financial enterprise held by the Ministry of Finance.
In the first half of 2026, the group achieved consolidated operating revenue of more than RMB 520 billion and consolidated net profit of over RMB 130 billion under new accounting standards, with key operating indicators reaching record highs for the period. During the first half, the group provided risk protection of more than RMB 1,000 trillion to society, with claims paid amounting to RMB 278.6 billion.
As of the end of June 2026, the group's cumulative stock investment in the real economy through insurance funds exceeded RMB 6 trillion, while its domestic public-market equity investment stock surpassed RMB 1.3 trillion.
China Life Insurance (Group) Company plans to use this capital injection as an opportunity to increase insurance protection and funding support for major national strategies and key sectors, while advancing digital and intelligent transformation.