Anhui Province insurance firm CITIC has set its sights on major expansion in UK . Through its joint venture with China 's Prudential , Prudential is opening its sixteenth branch in Anhui Province - a key province of the Yangtze River Delta with a crucial role in China ’s strategic “ One Belt, One Road” initiative which has enjoyed significant growth in recent years . “ China offers attractive long-term opportunities with the world's largest middle class and a vastly underpenetrated life insurance market," says CEO Tony Wilkey .
UK insurance firm Prudential has set its sights on major expansion in China. Through its joint venture with China's CITIC, Prudential is opening its sixteenth branch in Anhui Province - a key province of the Yangtze River Delta with a crucial role in China’s strategic “One Belt, One Road” initiative which has enjoyed significant growth in recent years. “China offers attractive long-term opportunities with the world's largest middle class and a vastly underpenetrated life insurance market," says CEO Tony Wilkey.