The local financial institutions mentioned in these Regulations include small loan companies, financing guarantee companies, regional equity markets, pawn shops, financial leasing companies, commercial factoring companies, local asset management companies, various local trading places engaged in equity or bulk commodity trading (hereinafter referred to as local trading places), and other organizations engaged in financial business activities as stipulated by laws and administrative regulations and authorized by the local people's government of the State Council. Article 3 Local financial work shall adhere to the combination of promoting development and preventing risks, and follow the principles of innovative development, active prudence, safety and prudence. Article 4 The Municipal People's Government shall organize and lead the local financial work in the whole city, establish a deliberation and coordination mechanism for local financial work, coordinate major issues such as local financial development, supervision and management, risk prevention and disposal, and strengthen cooperation with Xiamen national financial management institutions in local financial supervision and management, risk disposal, information sharing, rights protection and anti-money laundering.
The municipal local financial supervision and management department shall be specifically responsible for the guidance, coordination and service of local financial development, supervise and manage the business activities of local financial institutions according to law, and assume the responsibility of risk disposal of local financial institutions.
The District People's Government shall be responsible for the development of local finance within its jurisdiction, cooperate with the supervision and management of local financial organizations within its jurisdiction, and perform the duties of preventing and handling local financial risks.
Development and reform, finance, market supervision and management, public security and other departments should do a good job in local finance related work according to their respective responsibilities. Article 5 The Xiamen area of China (Fujian) Pilot Free Trade Zone and the area of regional financial centers on both sides of the Taiwan Strait are encouraged to try out institutional mechanisms, policies and measures and exchanges with Taiwan in the local financial field, so as to promote the innovation of local financial business and regulatory interaction mechanism and promote it in the whole city in due course. Article 6 The municipal and district people's governments and their relevant departments shall strengthen the publicity and education of financial laws and regulations and related knowledge through various forms, so as to improve the public's financial knowledge level and risk prevention awareness.
Radio, television, newspapers, internet and other media should carry out public welfare propaganda on financial knowledge and risk prevention, and create a good public opinion environment for financial development. Chapter II Promotion Measures Article 7 The Municipal People's Government shall take measures to promote local financial development, build a multi-level and multi-functional financial market system, support the development of financial technology and create a good financial ecological environment. Article 8 The Municipal People's Government shall formulate the city's financial development plan, take the development of local financial industry as an important part of the city's financial development plan, and define the objectives, tasks, priorities and safeguard measures for the development of local financial industry. Article 9 The municipal and district people's governments shall do a good job in ensuring funds, and arrange local financial development funds for supporting projects related to the development of local financial institutions, such as development and innovation of local financial institutions and talent incentives. Article 10 The Municipal People's Government shall formulate a development plan for financial talents, improve the long-term mechanism for the construction of financial talents, build a fully functional, efficient and convenient service system for financial talents, and introduce and train high-level and compound financial talents.
Eligible financial talents enjoy preferential policies and measures such as financial and tax support, training and further study, social insurance, medical care, children's education, housing rental and sale, settlement, entry and exit, etc. Article 11 The municipal and district people's governments shall take measures to encourage financial elements to invest in key industries, key projects and key fields, and guide industrial transformation and upgrading and high-quality economic development.
The key industries, key projects and key areas specified in the preceding paragraph shall be listed by the municipal development and reform department in conjunction with the relevant departments of industry and information technology, science and technology, commerce, etc., and announced to the public. Twelfth Municipal People's government to arrange funds to guide private capital to participate in the formation of industrial investment funds, venture capital funds, mergers and acquisitions funds and other equity investment funds, to promote financial services to the real economy.
Support social capital to set up industrial investment funds in the city's financial technology industry. Equity investment funds that focus on investing in local financial technology enterprises can be given key support within the prescribed proportion of government-guided fund investment. Thirteenth municipal and district people's governments should comprehensively use various means to support local financial institutions to provide financing services for small and medium-sized enterprises, agriculture, rural areas and farmers within their respective jurisdictions.
Encourage banking financial institutions to increase credit support to local financial organizations that mainly serve small and medium-sized enterprises and agriculture, rural areas and farmers. Article 14 The municipal and district people's governments shall promote the establishment of a policy financing guarantee system, improve the risk compensation, policy incentives and continuous capital replenishment mechanisms, expand the financing guarantee business scale of small and medium-sized enterprises and "agriculture, rural areas and farmers", and maintain a low rate level.
Encourage financing guarantee companies to establish cooperation and guarantee liability risk sharing mechanisms with banking financial institutions.