China Banking Regulatory Commission (CBRC): Promoting the virtuous circle and healthy development of the real estate industry due to the city's policies.

Zhong Fang Net News (Yang Yang/Wen) 65438+1On October 24th, the working meeting of China Banking and Insurance Regulatory Commission in 2022 was held by video. The meeting stressed that it is necessary to constantly improve the long-term mechanism of "stabilizing land prices, stabilizing housing prices and stabilizing expectations" and promote the virtuous circle and healthy development of the real estate industry due to the city's policy; Adhere to the rules of financial business license and severely crack down on "driving without a license".

The meeting stressed that efforts should be made to promote a virtuous circle of the national economy. In accordance with the requirements of striving for progress in stability, we will fully support the stability of the macroeconomic market. Reasonably increase financing supply, and do a good job in financing guarantee for key areas and major projects in the 14 th Five-Year Plan. Support infrastructure investment in advance. Promote the increase, expansion and price reduction of financing for SMEs. Innovation supports the country's major scientific and technological tasks and better serves key core technology research enterprises and "specialized innovation" enterprises. Optimize the health protection mechanism in key areas, and promote new materials and the first (set) insurance pilot. Focus on promoting carbon neutrality at the peak of carbon dioxide emissions in an orderly manner, innovate green financial products and services, and support stable energy supply. Improve the quality and efficiency of financial services for rural revitalization and help "new citizens" live and start businesses in cities and towns. Continue to standardize the development of the third pillar endowment insurance and promote the improvement of health insurance service level. Strengthen the protection of financial consumers' rights and interests. Do our best to provide financial services for the Beijing Winter Olympics and Paralympic Winter Games.

The meeting called for unremitting efforts to prevent and resolve financial risks. We will continue to handle risks in the financial sector prudently in accordance with the basic principles of "stabilizing the overall situation, overall planning and coordination, classified policies, and accurate bomb disposal" and resolutely hold the bottom line that no systemic financial risks will occur. Compacting the responsibilities of all parties and promoting the disposal of high-risk financial institutions in an orderly manner. Properly deal with the rebound of non-performing assets. Adhere to the positioning that houses are used for living, not for speculation, continue to improve the long-term mechanism of "stabilizing land prices, stabilizing housing prices and stabilizing expectations", and promote the virtuous circle and healthy development of the real estate industry due to the city's policy. Continue to dismantle high-risk shadow banks and fully implement the new regulations on asset management. Severely crack down on illegal financial activities and seriously rectify the chaos of "agent surrender". Accelerate the disposal of illegal fund-raising to prevent risk rebound.

The meeting pointed out that it is necessary to continuously deepen the reform and opening up of the banking and insurance industries. According to the guiding principles of strengthening the party's leadership, implementing the responsibilities of all parties, standardizing equity relations, improving corporate governance and popularizing professional management, "one province, one policy" has accelerated the reform of rural credit cooperatives. Continue to promote the merger and reorganization of small and medium-sized financial institutions and support the accelerated disposal of non-performing assets. Promote the reform of classified accounting of policy banks. Guide large banks to improve the level of comprehensive financial services. Unswervingly push the insurance industry back to the source of protection. Construct a new insurance intermediary market system. Promote the high-quality development of asset management business. Promote trust companies to accelerate transformation and development. Clarify the functional orientation of non-bank institutions. Strive to promote the digital transformation of financial services. Expand the high-level opening-up of the banking and insurance industries, actively serve major national opening-up measures, and promote financial institutions to increase their support for the "Belt and Road" project.

At the same time, we must resolutely prevent the disorderly expansion of capital in the financial sector and set up "traffic lights" for capital in the financial sector. Adhere to the "Two Unswervings" and give full play to the positive role of capital in financial activities. Promote small and medium-sized banks and insurance institutions to replenish capital through multiple channels in accordance with laws and regulations. Strengthen effective supervision of capital according to law, build a "firewall" between industrial capital and financial capital, strengthen penetrating supervision of shareholders, and prevent bank insurance funds from being used for blind "leverage". Improve the effective corporate governance mechanism of checks and balances, and guide the deep integration of party leadership and corporate governance. Promote the role of China's financial talent pool. Strengthen financial anti-monopoly and unfair competition. Adhere to the rules of financial business license and severely crack down on "driving without a license".

In addition, further improve the risk monitoring and early warning system. Strengthen the deterrence of off-site supervision and strengthen the sharp knife and sword role in on-site inspection. Maintain the high-pressure situation of administrative punishment and effectively increase the cost of financial violations. Strengthen the scientific and technological support of legal supervision and improve the digital and intelligent level of supervision.