Recently, relevant officials from the Property Insurance Supervision Bureau (Reinsurance Supervision Bureau) of the China Banking and Insurance Regulatory Commission were interviewed. The relevant person in charge of the Property Insurance Supervision Bureau stated that the property insurance industry, with multiple insurance products such as enterprise property insurance, vehicle insurance, engineering insurance, liability insurance, and home insurance, provides comprehensive insurance protection for the economy, society, and people's livelihoods, and plays the role of a 'shock absorber' and 'stabilizer'. Next, the Property Insurance Supervision Bureau will adhere to market-oriented and rule of law principles, promote reform and opening up, and solidly promote comprehensive reform of vehicle insurance. It will steadily promote the construction of the Shanghai Reinsurance 'A-Share International Board' and support qualified foreign insurance institutions to enter the Chinese property and casualty insurance market in an orderly manner, while supporting domestic insurance institutions to lay out overseas markets. (Financial Times)