Chinese Premier Li Qiang presided over a State Council executive meeting Friday to study the guidelines on promoting the high-quality development of the insurance industry.
The meeting emphasized the crucial role of the insurance sector in safeguarding and enhancing people's livelihood, preventing disasters and serving the real economy.
The next steps involve strengthening the institutional foundation for the sector's high-quality development, fully leveraging the role of commercial insurance and other market mechanisms, and enhancing the insurance industry's capability to provide coverage and improve services, according to the meeting.
It is crucial to closely monitor key areas and weak points, protect consumers' legitimate rights and interests and improve the risk prevention system, the meeting stressed.
The meeting urged efforts to cultivate and expand patient capital such as insurance funds, remove institutional barriers and refine assessment and evaluation mechanisms, thereby providing stable long-term investment for capital market and technological innovation.
Chinese premier chairs State Council executive meeting, stressing insurance sector's development
Chinese premier chairs State Council executive meeting, stressing insurance sector's development
Chinese premier chairs State Council executive meeting, stressing insurance sector's development
Chinese premier chairs State Council executive meeting, stressing insurance sector's development
Smoke from wildfires shrouding over many parts of Mato Grosso, the most severely impacted state by wildfires in Brazil, has caused discomfort among local residents as it persists due to prolonged heatwave.
According to statistics from the National Institute for Space Research, as of Friday, Brazil had recorded over 180,000 wildfires in 2024, with nearly 40,000 of them occurring in Mato Grosso state, ranking it first among all the states in Brazil.
Residents of Cuiaba, the capital of Mato Grosso, said while high temperatures and dry weather were typical in the city in previous years, the prolonged heatwave coupled with smoke this year is highly unusual.
"The smoke is worsening. The situation has been very dire over the past two months. We have not had rain for over 100 days. Low humidity, below 10 percent, is a huge problem, necessitating extensive use of humidifiers for us," said Guilherme Rodrigues Mendes, a resident.
"The weather is quite bad. I feel terrible. I have been sick at least three times. My throat is extremely dry, leading to coughing and feeling nauseous," said Navai, another resident.
According to the local fire department, 1,000 firefighters are battling fires across multiple locations in Mato Grosso. The state encompasses three vital biomes -- the Amazon rainforest, the Cerrado savannah, and the Pantanal wetlands. Currently, the fires in the Pantanal wetlands are largely contained, yet numerous active fire points persist in the Amazon rainforest and Cerrado savannah.
Wildfire smoke in Brazil's Mato Grosso state causes discomfort among locals
