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China Life Insurance records sharp jump in annual profit

China Life Insurance Co Ltd, one of the country’s largest insurers, reported a sharp jump in annual profit for 2025, fueled by strong investment returns and a shift toward higher-value products, although premium growth slowed amid an industry-wide transition. Net profit attributable to shareholders rose 44.1 percent year-on-year to 154.08 billion yuan ($21.2 billion) in…

517 kg municipal waste per capita in 2024

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Professional homecare services for long-term care, 2024

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China’s car exports can do without the U.S., not without Europe

The map of China’s electric and hybrid car exports is geopolitics in plain sight. The U.S. barely matters here, accounting for just 0.6% by value in Jan-Feb 2026. Europe, by contrast, took 40%.In other words, China can withstand being largely shut out of the U.S. in this segment. It would be far harder to cope…

ICBC bolsters profit quality in 2025 as assets exceed 50t yuan mark

The Industrial and Commercial Bank of China (ICBC), the nation’s largest State-owned commercial lender, reinforced the quality of its earnings in 2025, delivering steady growth while strengthening the resilience and sustainability of its profit base. ICBC reported an operating income of 801.4 billion yuan ($116 billion), up 1.9 percent year-on-year, with net profit rising 1…