EconomyChina Life revenue surges as insurer expands AI, chip and biotech investments

China Life Insurance, the country’s largest life insurer, reported record first-half results and said it would increase investment in technology-related sectors while seeking long-term partnerships with innovative companies. Revenue rose 81.5 per cent year on year to 434.3 billion yuan, while net profit jumped more than 228 per cent to 134.5 billion yuan.

China Life Insuranceartificial intelligencechipsbiotechnology

SSouth China Morning Post★★★☆☆2026-08-28 06:00Original