Administrative divisions of China By its political level, when a "city" is referred to, it can be a: By its actual area and population, it can be: When used in the statistical data, the word "city" may have three different meanings: It is important to specify the definition of "city" when referring to statistical data of Chinese cities, otherwise, confusion may arise. For example, Shanghai is the largest city in China by population in the urban area but is smaller than Chongqing by the population within the administration area. Before the establishment of the Qin Dynasty, China was ruled by a network of kings,
Insurance industry in China became the second largest insurance company in the world in terms of market capitalization although the value has kept declining since the stock market peak of 2008.) As of 2007, China had 100 insurance companies, 59 of which are domestic-funded and the rest 41 are foreign-funded. And five Chinese insurance companies including the People's Insurance Company of China, China Life Insurance, Ping An Insurance Company of China, China Insurance International Holdings Co., Ltd. (CIIH) and China Pacific Insurance have listed at home and abroad. China Life Insurance had about a 50% share of the life insurance market; Ping An Life