Zhao Yulong, president of the China Insurance Industry Association, explained during the presentation of the “15th Five-Year Plan” research report on the “15th Five-Year Plan” at the 2026 Financial Street Forum Insurance Conference on October 20 that a strong financial country needs a series of core elements. Zhao Yulong said that this series of core elements has been implemented into the insurance chapter and can be refined into 10 aspects: a strong array of modern insurance institutions, strong risk protection and financial compensation capabilities, strong long-term capital management and patient capital supply capabilities, strong independent innovation capabilities, strong industry resilience and capital strength, strong data construction and technology application capabilities, strong international insurance and risk pricing centers, strong complex talent teams, strong independent theory and industry culture, and a strong modern insurance supervision system.

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