China Pacific posts surge in yearly profit

China Pacific Insurance (Group) Co Ltd reported a 19 percent year-on-year increase in net profit attributable to shareholders of its parent company last year, reaching 53.5 billion yuan ($7.7 billion), according to its 2025 annual report released on Thursday. The insurer's operating income rose 7.7 percent year-on-year to 435.2 billion yuan in 2025, and its embedded value — an important indicator of the insurer's future profitability — was up 9.1 percent compared with the end of 2024, hitting 613.4 billion yuan. Moreover, the group's assets under management stood at 3.89 trillion yuan, an increase of 9.8 percent from the prior year.

Technical empowerment to lift rail advancement

China State Railway Group has intensified technological empowerment to lift rail advancement. Its Taiyuan group's Taiyuan housing and construction apartment section has launched a special campaign to advance standardized construction, safeguarding electrical safety, and providing housing support for railway transport. By establishing a dedicated working group and compiling a guidance manual, the section has created 13 model areas. As of now, 77 station areas and 561 buildings have been fully inspected, addressing 66 hazards and rectifying over 290 power distribution boxes.