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The Development of new york Life Insurance Company in China
New york Life attaches great importance to the China market. As early as 1884, new york Life developed its insurance business in China. At present, we have set up representative offices in Shanghai, Guangzhou, Beijing and Chengdu. Up to now, new york Life has directly and indirectly invested US$ 65.438+0.8 billion in China, including US$ 65.438+0.6 billion in Zhuhai Expressway. Letters of intent for investment have been signed with Chongqing and Sichuan respectively, with an initial investment of 250 million US dollars. In addition, new york Life also attaches great importance to the development of education in China, except going to Fudan for four consecutive years. Shanghai University of Finance and Economics not only awarded scholarships and grants, but also launched the "new york Life China Library" project, and promised to invest 8 million yuan to improve libraries and educational facilities in China. This plan has been implemented. So far, new york Life has donated 654.38 million yuan to the Shanghai Library, donated more than 200,000 yuan worth of financial and insurance-related books, and set up a Stilwell reading room in Chongqing University.

While supporting cultural education, new york Life International Company of the United States invested 360,000 yuan to purchase 1200 sets of books and picture books on the theme of protecting the ecological environment at the source of the Yangtze River, and presented them to relevant universities, primary and secondary schools. This not only directly supports the protection of the ecological environment at the source of the Yangtze River, but also allows thousands of teenagers to see the Yangtze River through these books, understand the current situation of the ecological environment at the source of the Yangtze River, and establish the awareness of protecting the ecological environment of the Yangtze River from an early age, so as to make better contributions to the future protection of the ecological environment of the Yangtze River. As Dennis Pedini, president of new york Life Asia Pacific, said recently: No matter where we come from, we have the obligation to cherish and cultivate our nature, and we all have the responsibility to leave a clean and beautiful future for future generations.

New york Life will continue its tradition from 65438 to 050, and work closely with the insurance industry in China to contribute to the early entry into the insurance market in China and the promotion of market development and the modernization of China.