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Is China Life Insurance a State-owned Enterprise or a Central Enterprise?
China Life Insurance is a state-owned enterprise directly managed by People's Republic of China (PRC) SASAC.

China Life Insurance Co., Ltd. is one of the largest insurance companies in China, headquartered in Beijing. The company was founded in 1949, and was then named China People's Insurance Company.

Besides being a state-owned enterprise, China Life is also a member of China Central Enterprise Group (CIC). CIC is an investment holding company established by the China Municipal Government, which is responsible for managing China's foreign exchange reserves and other important assets. So China Life is also a part of CIC.

In a word, China Life Insurance Company is an insurance company, both a state-owned enterprise and a member of the central enterprise group. As one of the largest insurance companies in China, it plays an important role in the insurance market in China.

Core idea

"Twin Cities" embodies the philosophical idea of dialectically handling the relationship between "self-cultivation" and "adult". "Be yourself" means that only by constantly developing and perfecting yourself can we serve others better; "Adults achieve themselves" means that only by achieving and helping others can they constantly create their own values and realize their ideals.

The concept of "double success" conforms to the essence of the insurance function of "all for one, all for one", embodies the characteristics of the financial and insurance industry in which China Life is located, and is the concrete dissemination of socialist core values.

The concept of "Twin Cities" originates from the struggle practice of China Life Insurance, and it is a refined summary of the unique cultural quality formed by the company in the long-term development process. It has been integrated into the spiritual core of China Life Insurance, and it is the most deeply rooted core concept in the corporate culture system of China Life Insurance.

Reference to the above content: Baidu Encyclopedia-China Life Insurance (Group) Company