ИСТИНА

China's economy is growing at an average annual rate of 9.5%, and its growth rate and duration are among the best in the world. China has become the world's second largest economy, with GDP growing from less than 370 billion yuan to 90 trillion yuan, an increase of more than 240 times, and a share of the world economy of 16%. Since the global financial crisis in 2008, China's contribution to world economic growth has exceeded 30%, and it has increasingly become a strong driving force and anchor for stability in promoting world economic development. The economic development has promoted the development of the insurance industry. In recent years, the Chinese insurance market has developed rapidly. In 2018, China's insurance industry's annual premiums reached 3.8 trillion yuan, ranking second in the world. China has become a veritable insurance country.