According to Xinhua News Agency, Beijing, July 18 (Reporter Li Yu), the People's Bank of China and other ministries and commissions jointly issued "Guiding Opinions on Promoting the Healthy Development of Internet Finance" on July 18, which clarified the main formats of Internet finance such as Internet payment, peer-to-peer lending, equity crowdfunding, Internet fund sales, Internet insurance, Internet trust and Internet consumer finance. Among them, the Guiding Opinions require the establishment of a third-party depository system for client funds.

The third party refers to Rong Yuan Fortune (Private Equity Fund), a qualified commercial bank.