China Life Insurance is one of the largest life insurance companies in China, with a significant market share and a broad customer base. The company has a strong presence in both urban and rural areas, benefiting from China's growing middle class and increasing awareness of insurance products. China Life Insurance's extensive distribution network and strong brand reputation provide a competitive edge. However, the company faces challenges such as regulatory changes, market competition, and the need for digital transformation. As the Chinese insurance market continues to evolve, China Life Insurance must leverage its strengths and address its weaknesses to capitalize on emerging opportunities and mitigate potential threats.