China Daily; North American ed.
Published: Friday, June 22, 2007
China Insurance Regulatory Commission (CIRC) has been criticized for increasing auto insurance rates in a draft measure announced on June 15.The Measures on Floating Premium Rates for Compulsory Vehicle Liability Insurance will be implemented on July 1. "CIRC will extensively listen to suggestions and improve measures to make sure they are scientifically and reasonably effective," Yuan Li, spokesman of CIRC said yesterday.....
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