The people's Bank of China, China Banking and Insurance Regulatory Commission and China Securities Regulatory Commission held relevant meetings on the 16th to convey and study the spirit of the special meeting of the financial stability and Development Commission of the State Council, and make research and deployment on the implementation. The meeting held by the people's Bank of China said that monetary policy should take the initiative to respond, new loans should maintain moderate growth, vigorously support small, medium-sized and micro enterprises, firmly support the development of the real economy and keep the economy running within a reasonable range. Adhere to seeking progress while maintaining stability, prevent and resolve risks in the real estate market, steadily promote and complete the rectification of large platform companies as soon as possible, promote the healthy and stable development of platform economy and improve international competitiveness. We will further strengthen inter departmental policy coordination, respond to hot issues of market concern in a timely manner, stabilize expectations, boost confidence, maintain the steady and healthy development of China's economy, and jointly safeguard the stable development of the capital market. The meeting held by the China Banking and Insurance Regulatory Commission said that we should vigorously support direct financing and promote the optimization of financing structure. Guide trust, financial management and insurance companies and other institutions to establish a long-term investment concept, carry out real professional investment and value investment, and become the backbone to promote the development of the capital market and maintain the stability of the capital market. We should give full play to the advantages of long-term investment of insurance funds and guide insurance institutions to allocate more funds to equity assets. Support insurance companies to increase capital market investment, especially stock investment of high-quality listed companies, through various channels such as direct investment, entrusted investment and public funds. We should increase the proportion of financial institutions issuing equity products and support insurance companies in issuing equity products. We should timely respond to hot issues concerned by the market and stabilize market expectations. We should actively strengthen communication and coordination with relevant departments to form a joint force to maintain the stability and consistency of policy expectations. The meeting held by the CSRC said that we should solidly promote the comprehensive reform of the stock issuance registration system, improve the bond financing support mechanism of private enterprises, and promote the development of venture capital. Give play to the role of the endogenous stability mechanism of the market, vigorously promote listed companies to improve the quality, encourage listed companies to increase their holdings and repurchase, and guide fund companies to purchase their own shares. Improve the system and mechanism conducive to the participation of long-term institutional investors in the capital market, increase the cultivation of public funds and other institutional investors, and encourage long-term investment and value investment. We will further promote high-level opening to the outside world, strengthen practical cooperation between the mainland and Hong Kong's capital markets, and jointly safeguard the healthy and stable development of the Hong Kong market. Continue to strengthen communication with US regulators and strive to reach an agreement on China US audit and supervision cooperation as soon as possible. We will promptly promote the implementation of new regulations on the supervision of overseas listing of enterprises, support all kinds of qualified enterprises to list abroad, and maintain smooth channels for overseas listing. Continue to support the rational financing of the real economy, actively cooperate with relevant departments, effectively resolve the risks of real estate enterprises, promote the standardized and healthy development of platform economy and improve international competitiveness. (Xinhua News Agency)