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Masan High-Tech Materials realises sustainable development target 13:39 | 13/12/2020
Masan High-Tech Materials receiving the Top 100 Sustainable Companies Award
Masan Hi-Tech Material built its sustainable strategy to suit international and national sustainable development strategies in order to contribute to the communityâs growth.
MHT focuses on three key factors, namely increasing business contributions to the communityâs sustainable development, implementing long-term programmes for the community, and complying with the regulations on environmental management as well as building green buildings.
The company supported households living near Nui Phao Mine in Thai Nguyen province to have a better life. The company expects that when the time of exploitation ends, local people will still be ensured stable income by building a clean agricultural sector with high productivity.
China Regulators Remove Restrictions on Insurance Fund Investment
China
December 11 2020
On November 12, 2020, the China Banking and Insurance Regulatory Commission (“CBIRC”) issued a new rule with regard to removing industry restrictions on financial equity investment by insurance companies. The newly released Notice on Matters Related to Insurance Fund Financial Equity Investment (the “Notice”) took effect on November 12, 2020 and is consistent with the speech made by China Premier Li Keqiang on July 15, 2020, calling for the “cancellation of industry restrictions for insurance funds undertaking financial equity investment.” Chinese insurance companies are some of the biggest in the world by market capitalization. This new Notice is undoubtedly good news to relevant industries and companies.