Article: IN BRIEF (Page: 10, Date: 08/11/2005)

BEIJING

Painting computers

Hanwang Technology Co Ltd, a major Chinese recognition technology firm, said it had developed the handwriting and painting recognition pen.

Users will be able to input handwriting and paintings into computers.

Insurance benefit

New China Life Insurance (NCL), one of China's leading life insurance companies, announced that its total assets had exceeded 50 billion yuan (US$6.2 billion).

Established in 1996, NCL started up with 770 million yuan (US$95 million) and has maintained fast-paced development over the past nine years.

NCL's premium climbed 4 per cent in the first half of the year, hitting 9.3 billion yuan (US$1.1 billion).

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