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HONG KONG, Nov. 23 (Xinhua) -- The People's Insurance Company ( Group) of China Limited (PICC) Friday announced its proposed listing on the Main Board of the Stock Exchange of Hong Kong Limited, expecting it will be the biggest IPO in Hong Kong this year.
There are many favorable conditions and positive factors as well as a number of risks and challenges for China's economic and social development, he said.
"We will seek to create a more favorable international environment for our efforts to complete the building of a moderately prosperous society in all respects and achieve socialist modernization," he said. "In the coming year, we look forward to maintaining good cooperation with all of you and stepping up mutual support and coordination with all related agencies."
The NMC also forecast increasing rainfalls and snows in east and central China. Inner Mongolia Autonomous Region, Jilin and Heilongjiang are likely to receive heavy snows or blizzards over the coming three days, the NMC added.
The government will continue to implement a proactive fiscal policy and prudent monetary policy, effectively carrying out the structural tax reduction policy and maintaining appropriate money supply, it said.
来源：资阳报