2011June14th, the first general meeting and representative meeting of Long Fu Rural Mutual Fund Cooperative in Ximenwai Village, Longshan Town, Cixi City was held. This mutual aid society is the eighth in the province, the first in Ningbo and the first in the country to provide services such as deposit, loan and settlement for its members under the background of non-professional cooperatives. 396 villagers in Ximenwai Village and 4 small township enterprises in Ximenwai Village became the first members of the mutual aid society and attended the general meeting.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.