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BEIJING, March 24 (Reuters) - China Life Insurance Co Ltd will increase alternative and fixed-income investments in 2017, a vice president said on Friday.
It will also maintain a "prudent" approach to stock market investments this year, said Zhao Lijun at a press conference in Beijing.
China Life reported a lower annual profit on Thursday for the first time in four years, saying interest rates had dragged down investment income by more than a fifth.
Reporting by Shu Zhang and Engen Tham; Editing by Randy Fabi