Since last year, I have visited and studied six or seven domestic insurance industrial parks in different forms. There are national, provincial and municipal levels.

It is found that there are few insurance industrial parks in the world. There is no concept of industrial park in other domestic financial industries. For example, there are no "bank industrial parks", "trust industrial parks" and "securities industrial parks", and there are at most "fund towns". However, investment and asset management are not necessarily related to the region.

There is no smoke without fire.

The gradual surge of domestic insurance industrial parks in recent years is closely related to the "Ten Articles of Insurance Countries" in the State Council's Opinions on Accelerating the Development of Modern Insurance Service Industry in August 20 14. This document marks a new era of all-round upgrading and development of the insurance industry.

Just like the name of the Insurance and Economic Development Research Center of China Academy of Social Sciences, one of the sponsors of the China Mutual Insurance and Mutual Assistance Forum, it is almost because insurance and the real economy have a closer linkage and development relationship.

The development orientation requirements clearly put forward by the "Ten Articles of Insurance Countries". To sum up, first, the insurance industry serves the modernization of national governance and governance capacity; Second, the insurance industry has become a pillar force to improve the financial system; The third is the favorable support and universal protection for people's livelihood; Fourth, innovate the effective mechanism of social management; Fifth, an efficient engine to promote economic upgrading, efficiency improvement and upgrading and an important starting point to transform government functions; Sixth, the basic social functions of traditional insurance, such as economic compensation, risk management and resource allocation.

In the words of the report of the 19th National Congress, "modern finance should be listed as an integral part of the industrial system." As far as the insurance industry is concerned, the industrial agglomeration effect and the huge space for common development with the real economy make it possible to establish an insurance industrial park in the core economic zone with objective conditions and development foundation.

This conclusion is drawn from the comparison between insurance industry and banking industry.

According to the statistics of official website of China Banking Insurance Regulatory Commission, the total assets of China's banking industry will be around 26 1 trillion in 20 18 years. The total assets of the insurance industry are around 18 trillion. From the institutional point of view, the latest data of China Banking Regulatory Commission shows that there were 4,588 banking financial institutions in China at the end of 2065, with 438+08, including development banks, policy banks, state-owned banks, joint-stock banks, financial asset management companies, city commercial banks, private banks, rural commercial banks, rural credit cooperatives, village banks, foreign-funded corporate banks, trusts, financial leasing, finance companies, auto finance and consumer finance.

By the end of 20 18, there were 9 life insurance companies, 88 property insurance companies and 0 pension companies. There are less than 200 legal entities. There are thousands of insurance brokers, agents and other intermediaries.

Logically speaking, since the insurance industry is the pillar of the financial system, both the number of legal persons and the scale of assets should account for at least half or a relatively balanced proportion. However, compared with the banking industry, the insurance industry is far from the pillar of the financial system. With the maturity of direct financing capital market, financial disintermediation and financial deepening, this is precisely the development space of insurance industrial park.

First, banks are disintermediated. With the development of stock and debt capital markets, the supply of funds bypasses the commercial banking system and is directly delivered to demanders and financiers. The important position of the main financial intermediary of commercial banks is relatively reduced, and the savings pension has changed to the tax-deferred investment pension, and direct financing and indirect financing have developed in parallel.

Followed by insurance disintermediation.

That is, the insured bypasses the "insurance agent" and the members of the insured help each other and become members of the mutual insurance organization consistent with the interests of the insurer. Risk protection is only a basic function, and what is more important is the prevention, health and service economic development of the outline of Healthy China 2030. "Don't get sick for the sake of getting sick" and "Don't take insurance for the sake of insurance". On the basis of insurance, mutual insurance is more conducive to the development of long-term interest insurance closely related to the real economy. But at present, the total share of mutual insurance in China insurance industry is only 0.3%, and Xiao He is just showing his edge.

Therefore, as the pillar of the financial system, the insurance industry has two sharp development contradictions. One is the huge gap between insurance industry and banking industry; One is the insurance industry itself, and there is a huge gap between joint-stock commercial insurance and mutual insurance.

The gap is the industrial space. The main contradiction is the development mode, connotation and characteristics of insurance industrial park.

With the above judgment, we have a clear understanding of the development route of domestic insurance industrial parks.

Industrial park generally refers to the special location environment created by the government or enterprises to achieve industrial development goals. Its types are very rich, including high-tech development zones, economic and technological development zones, science parks, industrial zones, financial backstage, cultural and creative industrial parks, logistics industrial parks and so on. And recently, industrial new cities and technological new cities have been put forward one after another in various places.

The key to the design and layout of insurance industrial park lies in the perfection of factor market. Factor market includes financial market (capital and capital market), labor market, real estate market, technology market, information market and property right market. The cultivation and development of factor market is a necessary condition to play a decisive role in resource allocation and an inevitable requirement for developing industrial economy.

Specifically, the "hardware" of the industrial park includes office buildings, conference centers, living service facilities and other physical environments, which are standard for all kinds of industrial parks. The key competitive advantage lies in the "software" composition of the industrial park, which mainly includes public research think tanks with industrial cohesion and radiation, scientific and technological innovation platforms, industrial professional ability support platforms, information release and property rights trading platforms, capital and venture capital incubation platforms, and basic financial service platforms such as account opening, payment, settlement and custody.

With the core "software and hardware", there will be a "nest" to attract "Phoenix" to live in. As for industrial parks around the country, similar incentives for entering the park, introducing talents, registering schools, and tax refund subsidies based on corporate tax contributions are icing on the cake. Otherwise, it is easy to be "arbitrage" by commercialization, which will affect substantive development. Superficial prosperity.

The core of the competitiveness of insurance industrial parks lies in the industrial cluster effect under the mode of "joint fleet". One is condensation and the other is radiation. Domestic integration is similar to that of Guangdong-Hong Kong-Macao Greater Bay Area, Yangtze River Delta and Beijing-Tianjin-Hebei.

Joint fleet mode of traditional commercial insurance; There are also self-insurance companies; There should be mutual insurance organizations that focus on development. From the above analysis, the main contradictions and characteristics of development are self-evident.

The value of insurance industrial park lies not in the introduction of preferential policies and subsidies after maturity, but in the incremental innovation and model innovation leading the future development. There is no threshold for stock, and the increment can be long-term.

Mutual insurance promotes and contributes to the industrial economy by serving national governance and social security mechanism innovation. For example, it can make up for the preventive high-risk occupational disease mutual insurance in which social security focuses on compensation and commercial insurance does not participate. For example, based on security, combined with "health care, health care, medical treatment, recuperation, and learning", the "five-support" health care service economy. This is the key to the adjustment of China's economic structure and the stimulation of consumption in the platform period of an aging society.

On the one hand, mutual insurance leading enterprises can rely on the factor market supply of insurance industrial park to "fill the gap", and at the same time, they can absorb the real economy of local industrial chain to participate. Complementary advantages. Of course, some local insurance industrial parks can also reward enterprises related to the industrial chain that jointly enter the park. Compared with the former, it can give full play to the attraction and local supporting advantages of industrial parks.

On the other hand, insurance industrial parks that develop relatively late can take the opportunity to "overtake in corners".

For example, six large state-owned commercial banks invested in ICBC AXA Insurance, CCB Life Insurance, ABC Life Insurance, BOCOM Kanglian Insurance, BOC Samsung Insurance and China Post Insurance respectively. 12 Among the national joint-stock commercial banks, China Merchants Bank, Shanghai Pudong Development Bank, China CITIC Bank, China Everbright Bank, Huaxia Bank, Minsheng Bank, China Guangfa Bank, Industrial Bank, Ping An Bank, Zheshang Bank, hengfeng bank and Bohai Bank. Most of them also participate in sponsoring insurance companies in the form of comprehensive financial groups or shares.

It is worth noting that these commercial banks all participate in the introduction of commercial insurance in the form of equity. Banks still participate in the insurance industry as the controlling party or relative controlling party of the financial parent company. This is obviously different from the development orientation and requirements of the "Ten Insurance Countries" for the insurance industry as a financial pillar. In 20 19, the supervision work conference of China Banking Regulatory Commission proposed "to accelerate the establishment of a multi-level, wide-coverage and differentiated financial system and form a new pattern of all-round, multi-level and wide-ranging high-level opening." There are also gaps in requirements.

As far as the insurance industry is concerned, one is that joint-stock commercial insurance and mutual insurance are not balanced and differentiated, forming a pattern of mutual checks and balances; One is the inclusive professional insurance with incremental innovation and "filling the gaps and shortcomings". The development of regional insurance companies is slow and the number is insufficient; Third, there is no breakthrough in the mode of banking participation in the insurance industry. The innovative mode of participating in mutual insurance organizations in the form of mutual insurance claims or policyholders, which reflects operational independence and strong complementary strategic cooperation, is still zero.

The business scopes of banks and insurance companies are highly complementary. The banking industry has the ability to absorb public deposits; Issue short-,medium-and long-term loans; Handle domestic and international settlement; Handle bill acceptance and discount; Issuing financial bonds; Acting as an agent to issue, honor and underwrite government bonds; Buying and selling government bonds and financial bonds; Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Engaged in bank card business; Providing letter of credit services and guarantees; Acting for payment and insurance agency business; Provide safe deposit box service; Engaged in foreign exchange settlement and sale.

The above business is mutual insurance of the same differentiated financial institution, and it is a basic financial service tool to provide insurance services for policyholders. Therefore, mutual insurance is inseparable from the strategic cooperation of banks. For a few national joint-stock commercial banks that have not set foot in the insurance industry or are about to set foot in the insurance industry, participating in the introduction of mutual insurance at low cost in the form of creditor's rights is a late-comer advantage of "overtaking in corners". As far as supply-side innovation is concerned, industrial synergy is the strongest.

Therefore, the introduction of local national joint-stock commercial banks as the strategic support of the factor market of the insurance industrial park is as significant as the capital incubation guidance fund.

To sum up, the development of domestic insurance industrial parks should not only have homogeneous hardware space and incentive subsidies, but also have key factor markets with cohesion and radiation capabilities, as well as industrial clusters with latecomer advantages such as mutual insurance, which support the motorcade development model and mechanism of the upstream and downstream real economy in the industrial chain.

This is the basis for insurance industrial parks to serve national governance, safeguard people's livelihood, develop the economy, innovate social mechanisms, improve the social security system, reflect competitive advantages, and realize that the "National Ten Articles" insurance industry has become a pillar force to improve China's financial system.