In the autumn of 2013, the initiatives for jointly building the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road" were proposed.

Taking the road as the axis, the ground as the paper, and cooperation as the pen, policy communication, facilities connect, trade smoothly, financial and people-to-people connect, a magnificent picture of friendly cooperation is vividly displayed on the paper.

Over the past decade, it has been proposed to gradually transform from "freehand brushwork" to "fine brushwork", and the "five-width" concept has shown vitality and colorfulness. Among them, Zixintong provides important financing guarantees and diversified financial services for the joint construction of the "Belt and Road". my country's financial and insurance industry actively responded to eight actions, served major landmark projects and "small but beautiful" people's livelihood projects, focused on green and digital fields, and supported the expansion of new space for higher-level, more resilient and more sustainable win-win development with the power of finance.

In recent years, China Life Insurance Co., Ltd. (hereinafter referred to as "China Life", stock code: .SH, 2628.HK) has widely participated in the construction of the "Belt and Road" through various methods such as opening up overseas insurance markets and participating in investment and financing. The company continues to optimize the supply of products and services, actively expands the "circle of friends" of the "Belt and Road" financial services, and provides overseas enterprises and personnel with extensive, flexible, diverse, adaptable and effective financial support.

In the journey of enterprises going overseas and expanding their global layout, insurance has become an indispensable support force.

Focusing on the sound and complete personal risk protection supply of the "Belt and Road" and actively connecting with the risk management needs in related fields. As early as 2019, China Life Insurance joined hands with China Re Life Insurance to donate group insurance products named after the "Belt and Road" to the foreign aid medical team sent by the state. The insurance liability covers death, disability, medical expenses and overseas emergency rescue services caused by diseases and accidents. This project is committed to providing foreign aid doctors with the best insurance protection plans, becoming a model project for insurance companies to serve national plans. China Life Insurance is also constantly innovating and upgrading the "Belt and Road" insurance products and service solutions, achieving multi-dimensional integration of accident risk protection, disease risk protection, overseas medical treatment and emergency rescue. At the same time, with the foreign aid doctor insurance project as a benchmark guide, the company has further expanded the scope of insurance protection services, expanded to key areas, key industries and key enterprises, and provided more convenient, diverse and high-quality insurance protection services for government-spreading personnel along the "Belt and Road" route, overseas Chinese-funded enterprises "going out" and the vast number of business, cultural and tourism groups.

"We actively integrate into the construction of the Belt and Road Initiative, and continue to empower the cross-border development of local enterprises through government-enterprise linkage. Since 2025, branches have successively co-organized the 'Invested Risk Introduction and Typical Case Analysis Seminar's 'Ten ASEAN Countries Investment Risks and Typical Case Analysis Seminar', participated in the 'Cross-endless' series of salons: Jiangbei Financial Special Seminar, and were invited to attend the 'Overseas Investment Cooperation (Africa Special Seminar') Symposium in Fenghua District, and systematically interpreted the "Overseas Personal Risk Identification and Solutions for the "Belt and Road" Overseas Personal Risk Identification and Solutions" to foreign-related enterprises." China Life Insurance Ningbo Branch introduced that through a series of activities, they have deepened their cooperation with the government and enterprises, and gradually built a cross-border service ecosystem that integrates risk protection, financial support and policy docking.

Focusing on the actual needs of enterprises, the "Belt and Road" personal accident protection plan for overseas travel was innovatively launched by China Life Insurance Ningbo Branch, which has built a risk protection network for overseas travel personnel and provided a solid backing for the global development of enterprises. The guarantee plan accurately matches the urgent need for personnel safety during the "going out" process of enterprises, and fully covers core responsibilities such as accidental death, disability, accidental medical care, hospitalization allowances and emergency rescue. According to reports, as of the end of July 2025, it has provided insurance coverage of up to 653 million yuan for overseas enterprises in key industries such as high-tech, manufacturing, logistics, and trade in Ningbo, covering various types of expatriates such as workshop technical backbone, cross-border trade specialists, ocean logistics practitioners and overseas project builders.

In the frontier position of the "Belt and Road" construction of the Xiamen Free Trade Zone, a large number of small and micro enterprises play a particularly critical role - they are the "capillaries" connecting to the international market, the new force to absorb employment and promote innovation, and an important cornerstone for Xiamen to deeply participate in the "Belt and Road" and realize the coordinated development of domestic and foreign trade. To help small and micro enterprises grow steadily is to inject vitality into the local foundation of the construction of the "Belt and Road".

China Life Insurance Xiamen Branch accurately matches the differentiated protection needs of small and micro enterprises. As of the first half of 2025, it has provided risk protection to 3,479 small and micro enterprises, covering 55,200 employees. In terms of protection and innovation, the "Online Employee Welfare Protection" guarantee plan adopts a modular design, covering core responsibilities such as death, disability, medical care, and hospitalization. Enterprises can flexibly combine it; combined with the "Safe Stay in Xiamen" series of handheld guarantee plans developed by Xiamen local characteristics, focusing on ensuring the safety of enterprise employment, employee travel safety and production and operation stability. It is worth mentioning that the full-process online service model has effectively solved the problem of "last mile" of insurance services for small and micro enterprises, and achieved accurate docking with the actual operating risks of 123,000 small and micro enterprises in Xiamen, building a strong risk barrier for the free trade zone and the city's small and micro enterprises to participate in the "Belt and Road" related businesses.

As the only municipality directly under the central government in the west and at the linkage point of the "Belt and Road" and the Yangtze River Economic Belt, Chongqing plays a unique and important role in the coordinated development of the "Belt and Road" land-sea. Countless enterprises in Chongqing have also ushered in new opportunities from "product export" to "industry overseas".

In order to ensure the personal safety of outbound personnel, China Life Insurance Chongqing Branch has continuously deepened the "Belt and Road" overseas employee group insurance service plan, and used a combination of insurance protection and emergency rescue to help Chongqing enterprises improve their risk response capabilities to "go global". Since launching overseas insurance business in 2024, the company has provided customized insurance plans for overseas projects of many Chongqing enterprises, covering key areas such as Southeast Asia, and provided risk protection for more than 900 people in total, with an insurance coverage of more than 1.9 billion yuan, effectively alleviating the worries of overseas enterprises and foreign personnel.

On March 28 this year, a magnitude 6.5 earthquake occurred in Thailand. Wang Jia (pseudonym), a technician of a Chongqing manufacturing company's project team in Thailand, accidentally fell and injured during an emergency evacuation, causing a fracture of the fibula of the left knee. In a critical moment, the Changshou District Branch of China Life Insurance immediately launched an emergency response mechanism, coordinated with Bangkok cooperative hospitals to launch treatment plans, and made an appointment for beds at Southwest Hospital in Chongqing at the same time to arrange professional medical transfer services.

Within 72 hours after receiving the report from Wang Jia, China Life Insurance completed the full-process claim settlement service, not only fully compensated 2150.56 yuan for overseas medical expenses, but also seamlessly connected the domestic treatment expenses of 10,791.26 yuan. In addition to hospitalization allowances, a total of nearly 26,000 yuan was paid.

"Starting the report, a dedicated person contacted me for treatment and claims, and the information was transmitted online, and the foreign medical records were translated. My family didn't have to go around and let me be treated with peace of mind." Wang Jia sighed, "What I didn't expect was that the claim payment would be paid soon, and China Life Insurance's service was so powerful."

Behind this efficient claim case is the Chongqing Branch of China Life Insurance Company, based on the needs of local enterprises and the characteristics of the overseas employee group insurance service plan of the "Belt and Road" to create a customized service system of "pre-prevention - in-process response - after-process claims". In addition, focusing on the needs of enterprises to "go global", the company has also sorted out various guarantee policies to help enterprises participate in the construction of the "Belt and Road".

As the head of the overseas business department of the Chongqing company said: "China Life Insurance's service has truly solved the worries of employees and enterprises, and has given us more confidence in developing overseas."

Shenzhen is located in the Guangdong-Hong Kong-Macao Greater Bay Area and the key to the "Maritime Silk Road". In recent years, Shenzhen has steadily promoted exchanges and cooperation with countries and regions along the "Belt and Road", built a solid bridge for people-to-people communication, and strived to build a hub city for the "Belt and Road" and demonstrated Shenzhen's responsibility in co-construction.

Henan has unique transportation hubs and trade advantages. With the deepening of the construction of the "Belt and Road" and the promotion of projects such as China-Europe freight trains, free trade services, and overseas work, Henan is also transforming into a "going out" province. A large number of migrant workers not only play an important role in the economic development of their hometown, but also contribute to the domestic and international economic development and construction.

Guangxi is positioned by the country as an important portal for the organic connection of the "Belt and Road". After years of construction of major channels facing ASEAN, its coastal port has become the most convenient portal for the hinterland of southwest, central and southern my country to enter the international market. The construction of the "Belt and Road" has created new opportunities for making Guangxi enterprises bigger and stronger and "going out".

Shanxi, in the trade exchanges with countries that jointly build the "Belt and Road" initiative, the domestic and international "circle of friends" continues to expand. Opening up to the outside world has also become the driving force for Shanxi to break resource dependence and promote transformation. Actively integrate into the joint construction of the "Belt and Road", based on the actual development, deeply explore endowment advantages, and expand the fields and industries of foreign economic and trade cooperation, injecting strong impetus into the economic development of the province.

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All local institutions of China Life Insurance have accurately matched the protection needs of "going out" enterprises based on local facts. In terms of financial product innovation, serving people's livelihood security, deepening cross-border financial cooperation, we will continue to increase resource tilt and innovation efforts, provide insurance protection and financing support for the joint construction of the "Belt and Road", promote green development and scientific and technological innovation, shape China's "professional image of insurance services on the international stage, and strive to escort my country's high-level opening up to the outside world.

In Shenzhen, as of the end of July 2025, China Life Insurance Shenzhen Branch has underwritten the life insurance business in many countries along the "Belt and Road", providing overseas security guarantees to 127 companies, covering 5,134 people, and providing risk protection of over 5.8 billion yuan.

In Henan, since the "Belt and Road" insurance business was launched in 2021, China Life Insurance Henan Branch has insured more than 50 related projects, provided risk protection of more than 40 billion yuan, underwritten nearly 20,000 people, and provided services to more than 15 countries, providing diversified insurance protection for overseas personnel group accidents, critical illness, medical care, emergency rescue, etc. for key foreign aid projects of Chinese-funded enterprises and visits along the "Belt and Road". The company also assists in reviewing foreign cultural claims materials through cooperative institutions, configures rescue service cooperation institutions, opens a 24-hour overseas rescue service hotline, has a rescue contact center that basically covers the world, and cooperates with more than 300 medical professional institutions around the world to provide real-time services to overseas companies.

In Guangxi, China Life Insurance Guangxi Branch actively responded to the national call and integrated into the overall situation of open cooperation between China and ASEAN. Since 2024, we have worked with the member units of China Life in Guangxi to give full play to the advantages of comprehensive financial resources and established a "cross-border financial comprehensive service center" in the Chongzuo area of ​​the China (Guangxi) Free Trade Pilot Zone to provide insurance protection for inbound and outbound personnel and enterprises in the free trade zone, and further expand the breadth and depth of financial support for economic and trade development along the border.

In Shanxi, China Life Insurance Shanxi Branch and the Shanxi Provincial Health Commission continue to deepen cooperation to provide the "Belt and Road" insurance coverage to the foreign medical team members (including public health experts). In order to fully ensure the efficient operation of the project, China Life Insurance Shanxi Branch has established an exclusive service team to create professional, convenient and efficient project services. Since 2020, a total of 345 foreign medical team members have been provided with insurance coverage.

It is understood that as of the first half of 2025, China Life Insurance has also undertaken more than 80 serious illness insurance projects in the provinces involved in the "Belt and Road" and undertaken more than 200 health insurance entrusted management business, underwriting more than 60 supplementary medical insurance projects, and hosting more than 20 long-term care insurance projects.

As the "leader" of life insurance, China Life Insurance is positioning its responsibilities and playing a greater role in jointly building the "Belt and Road".