First, deepen the reform of state-owned financial institutions. We will promote the reform of state-owned financial institutions such as state-owned commercial banks, improve corporate governance, accelerate the transformation of operating mechanisms and growth modes, and strengthen the management of grass-roots institutions. Straighten out the transmission mechanism of implementing moderately loose monetary policy and guide financial institutions to increase capital investment. Correctly handle the relationship between finance promoting economic development and preventing financial risks, effectively improve the quality of finance promoting economic development, and prevent low-level redundant construction.

Second, steadily develop small and medium-sized financial enterprises of various ownership systems and new rural financial institutions. We will expand the pilot projects of new rural financial institutions such as village banks, guide more credit funds to invest in rural areas, and actively expand the rural consumer credit market. Encourage all types of banks to set up different forms of small business credit service institutions, improve the implementation of support policies such as guarantees and interest subsidies, and increase the proportion of loans to small and medium-sized enterprises. Zhenming Credibility actively guides the healthy development of private financing, and formulates the Lender Regulations in time.

The third is to promote the reform of the capital market, maintain the stability of the stock market and develop and standardize the bond market. Support qualified enterprises to use the capital market to carry out mergers and acquisitions, improve policies and measures such as cash dividends and repurchase of listed companies, promote the reform of the issuance system, and improve the relationship between supply and demand in the market. Actively develop debt financing tools such as corporate bonds, corporate bonds, short-term financing bills and medium-term notes, and improve the issuance rules and regulatory standards of the bond market. Develop the futures market steadily and explore the operation mode of agricultural products futures serving agriculture, countryside and farmers.

The fourth is to deepen the reform of the insurance industry and actively play the role of insurance protection and financing. Accelerate the development of policy-based agricultural insurance and promote the construction of agricultural reinsurance and catastrophe insurance systems. We will steadily develop housing and automobile consumption insurance, and actively develop business such as construction insurance and engineering insurance. Actively develop individual and group endowment insurance business and promote the development of health insurance. Give play to the role of institutional investors of insurance companies and the investment and financing functions of insurance funds. Strengthen the responsibilities of legal institutions and executives.