China Agricultural Risk Management Research Association's Agricultural Insurance Branch Holds Second Annual Conference with 22nd Insurance Forum
The China Agricultural Risk Management Research Association's Agricultural Insurance Branch convened its second annual conference on October 26, 2024, at Renmin University of China, bringing together over 200 representatives from more than 100 organizations to address the theme of "Optimizing Agricultural Subsidy Policy Systems and Developing Multi-level Agricultural Insurance". The high-level gathering featured Yuan Chunqing, former Deputy Leader of the Central Rural Work Leading Group and Yin Chengjie, former Executive Vice Minister of Agriculture, alongside academic leaders and industry representatives from financial regulatory agencies, universities, insurance companies, and technology firms.
The conference was focused on enhancing agricultural insurance's policy-oriented and strategic functions. Participants engaged in comprehensive discussions about establishing differentiated insurance systems that accommodate various production entities, geographic regions, crop varieties, and coverage requirements to support urban-rural integration and comprehensive rural revitalization. The collaborative format emphasized multi-disciplinary cooperation between government agencies, academic institutions, and private sector organizations to advance agricultural insurance innovation.
The event highlighted the critical role of statistical science in agricultural risk management, positioning the discipline as a bridge between emerging technologies like artificial intelligence and big data and practical solutions for agricultural challenges. Renmin University's statistics program was recognized for its commitment to integrating theoretical frameworks with practical applications, contributing to enhanced agricultural productivity, efficiency, and risk management capabilities. The conference reinforced the importance of coordinated efforts across multiple sectors to achieve high-quality development in agricultural insurance and support China's broader agricultural modernization objectives.