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To implement the spirit of the 5th Plenary Session of 19th CPC Central Committee and the 10th Plenary Session of the 11th CPC Shanghai Municipal Committee, according to the annual study plan of the Central Group of the CPC SIG Committee, led by Yu Beihua, Secretary of the CPC SIG Committee and Chairman of the Board of Directors, Liu Xinyi, Vice Secretary of the CPC SIG Committee and President of SIG; Hu Youlian, Chairman of the Board of Supervisors of SIG and other leaders of SIG headed to China Pacific Insurance Group (CPIG) for a joint study with Kong Qingwei, Secretary of the CPC CPIG Committee and Chairman of CPIG; Fu Fan, Deputy Secretary of the CPC CPIG Committee and President of CPIG; and other leading members of the CPC CPIG Committee for a joint study.

Kong introduced CPIG's development and experience in such aspects as seeking transformation, grasping value, strengthening internal building and building culture. With focus on study topics, based on CPIG's work on business development, Party building, Party integrity building, risk control and corporate governance, other leading members of the CPC CPIG Committee shared learning experiences.

Yu Beihua, Secretary of the CPC SIG Committee and Chairman of the Board of Directors, introduced SIG's main responsibility, primary business, reform and development, extended congratulations on and expressed appreciation for CPIG's results in achieving leaps and deepening specialized and market-oriented reforms under major national and municipal strategies, and thanked CPIG for its support to SIG. SIG is advancing the dual engine strategy of state-owned capital operation and investment management led by financial holding group building according to the requirements of the CPC Shanghai Municipal Committee, the Shanghai Municipal People's Government, as well as the CPC Committee and Discipline Inspection Commission of the Shanghai Municipal State-owned Assets Supervision and Administration Commission (SHSASAC), he said. In this process, SIG should learn CPIG's experience, speed up financial holding group building, give better play to its role as a state-owned shareholder, and provide stronger support for the next-step reform and development of CPIG.

The two sides exchanged ideas on the spirit of the 5th Plenary Session of the 19th CPC Central Committee and the 10th Plenary Session of the 11th CPC Shanghai Municipal Committee, agreeing on all-round exchanges and cooperation in fields such as Party building and business operation, seeking common development, and making greater contributions to serving major development strategies, accelerating the building of Shanghai into five centers and deepening the regional state-owned assets and enterprise reform in Shanghai.

Prior to the study, SIG's leaders visited CPIG's science & technology showroom and watched its promotional video.