Key work of CIRC in 2022
2022-02-11
We will continue to strengthen financial risk prevention, help regional development, serve the real economy, and deepen financial reform and opening up in key areas... Recently, many local banking and insurance regulatory bureaus held a meeting to delineate the focus of work in 2022. The reporter of economic information daily found that in 2022, local banking and insurance regulatory bureaus will focus on supporting private small and micro enterprises, regional major projects and important industries, promote a virtuous cycle of the national economy, help regional development and serve the real economy. At the same time, efforts will be made to prevent and resolve financial risks, the disposal of high-risk institutions, the prevention of disorderly expansion of capital, and real estate financial supervision will be the focus of local risk prevention in 2022. In addition, financial reform and opening up will continue to deepen around key areas such as provincial Associated Press and small and medium-sized banks. Prevent disorderly expansion of capital Preventing and resolving financial risks has always been the main line of financial supervision in recent years. At the 2022 work meeting of the CBRC, it was clearly proposed that we should continue to handle risks in the financial field steadily and firmly hold the bottom line of no systemic financial risks in accordance with the basic policy of "stabilizing the overall situation, overall coordination, classified policy implementation and accurate bomb removal". In the meetings of many local banking and insurance regulatory bureaus, financial risk prevention was placed in an important position. Among them, in terms of the disposal of high-risk institutions, the Beijing Banking and Insurance Regulatory Bureau proposed to properly deal with the rebound of non-performing assets, orderly promote the disposal of high-risk financial institutions and strictly prevent risk spillover. Inner Mongolia banking and Insurance Regulatory Bureau said that it will vigorously promote the reform and insurance transformation of key institutions such as urban commercial banks, rural cooperative medical institutions and rural banks; Deeply promote the collection and disposal of non-performing assets, and regularly inform the territorial Government of the collection and disposal of non-performing loans; Coordinate and promote risk prevention and resolution in key areas, and strictly prevent the transfer and transfer of various external risks to the banking and insurance industry. Liaoning banking and Insurance Regulatory Bureau said that it should deeply carry out the activity of "construction year of internal control and compliance management", unremittingly prevent and resolve financial risks in key areas, and go all out to promote the reform of small and medium-sized banks. Anhui banking and Insurance Regulatory Bureau said that it should fundamentally prevent financial risks, speed up the disposal of high-risk institutions in accordance with the principles of "one bank, one policy" and "one local policy", actively respond to the concentrated rebound of non-performing assets, and strictly prevent the resurgence of high-risk shadow banks. Prevention and control of disorderly capital expansion is also an important part of risk prevention. The Beijing Banking and Insurance Regulatory Bureau said it should resolutely prevent the disorderly expansion of capital in the financial field, strengthen financial antitrust and unfair competition, and resolutely ban illegal financial institutions. Hubei banking and Insurance Regulatory Bureau and Fujian banking and Insurance Regulatory Bureau proposed to resolutely prevent the disorderly expansion of capital in the financial field and build a "firewall" of industrial capital and financial capital. It is worth noting that some hot cities have also made special statements on the management of the real estate field. For example, the Beijing Banking and Insurance Regulatory Bureau has made it clear that it should adhere to the positioning of "housing without speculation", continue to improve the long-term mechanism of "stabilizing land prices, house prices and expectations", and steadily resolve the risk of "grey rhinoceros" in real estate. The Shanghai Banking and insurance regulatory bureau also said that it would adhere to the positioning of "no speculation in housing" and maintain the stable and healthy operation of Shanghai's real estate market. Anhui banking and Insurance Regulatory Bureau said that the "three lines and four grades" and the concentration requirements of real estate loans were strictly implemented to prevent bank insurance funds from bypassing and illegally flowing into the real estate market. Jiangxi, Fujian, Hubei and other places also mentioned the need to further build a long-term mechanism for real estate. Serving local major projects While preventing financial risks, promoting a virtuous cycle of the national economy, helping regional development and serving the real economy is an important starting point for the work of many local banking and insurance regulatory bureaus in 2022. Make specific deployment in supporting private small and micro enterprises. Tianjin banking and Insurance Regulatory Bureau said that it will improve the supervision mechanisms such as financial support for small and micro private enterprises, internal control and compliance management and key chaos rectification, continue to promote the steady development of Inclusive Finance, strive to maintain "two increases" in inclusive small and micro enterprise loans, and consolidate the effect of fee reduction and profit transfer. Anhui banking and Insurance Regulatory Bureau proposed to optimize financial services in weak areas such as small and micro enterprises, implement the policy of deferred repayment of principal and interest, consolidate the results of fee reduction and profit transfer, ensure the realization of the "two increases" goal of inclusive small and micro enterprise loans, increase the proportion of credit loans, "first loan households" and renewal business, and increase credit support for individual industrial and commercial households. Jiangxi banking and Insurance Regulatory Bureau said that it will strive to optimize the financial services of small, medium-sized and micro enterprises, promote increment, expansion and price reduction, carry out the action of ensuring the steady growth of small and micro credit supply, and financially support the spring action of "specialized and special new" small, medium-sized and micro enterprises. In terms of regional major projects and important industries, Ningxia banking and Insurance Regulatory Bureau proposed to focus on major strategic and major projects, take the initiative to connect the construction of ecological protection and high-quality development pilot areas in the Yellow River Basin of Ningxia, and increase financial support for digital economy, manufacturing equipment renewal and technological transformation investment. Hubei banking and Insurance Regulatory Bureau said that it will guide and support Hubei Province to build a "51020" modern industrial cluster, the regional development layout of "one main guide, two wings drive and global coordination" and the financial needs of carbon peak and carbon neutralization strategy, so as to serve the high-quality development of economy and society. Shanghai Banking and Insurance Regulatory Bureau will focus on "six stabilities" and "six guarantees" to reasonably increase financing supply; Serve the "three tasks and one platform", build Pudong into a leading area for socialist modernization, and help Shanghai further improve its "five oriented economy", "four functions" and "3 + 6" industrial system; We will guide innovative products and services in the fields of science and technology finance, industrial finance and green finance, connect the old and new drivers, and transform financial needs. In accordance with the requirements of "maintaining stability and seeking progress while maintaining stability", Beijing Banking and insurance regulatory bureau closely focuses on the strategic positioning of Beijing's "four centers" and the linkage implementation of "five children", and takes greater efforts and practical measures to support the stabilization of the macro-economic market and promote the smooth economic cycle; Based on expanding effective demand, reasonably increase financing supply. Zeng Gang, director of Shanghai finance and development laboratory, pointed out that in supporting the development of regional real economy, finance not only needs to cooperate with the direction of macro-control and industrial policies, invest loans in the fields needed by the real economy and help the high-quality development of the economy, but also needs to tap high-quality industries and emerging industries that meet the requirements of credit policies according to market principles and the law of economic development, Promote the adjustment of industrial structure and form a virtuous circle of bank credit and real economy. We will promote reform and opening up in key areas In recent years, the reform and opening up of the banking and insurance industry has accelerated, and a series of policies and measures have been implemented one after another. Throughout the meetings of local banking and insurance regulatory bureaus, in 2022, financial reform and opening up will continue to deepen around key areas such as provincial Associated Press and small and medium-sized banks. In terms of reform, Hubei banking and Insurance Regulatory Bureau proposed to deepen the reform of Provincial Association and improve the sustainable development ability of rural banks; We will continue to enhance the insurance guarantee function, promote the high-quality development of agricultural insurance, consolidate the achievements of comprehensive reform of automobile insurance, steadily develop liability insurance and catastrophe insurance, and actively promote the innovation of health insurance and endowment insurance. Guangxi banking and Insurance Regulatory Bureau proposed to promote the transformation and development of local legal person institutions, promote urban commercial banks to enhance their competitiveness, deepen the reform and transformation of rural credit cooperatives, promote the sustainable development of rural banks, promote the steady development of insurance legal person institutions, and promote non bank legal person institutions to stick to their positioning. Hainan banking and insurance regulatory bureau also said that we should grasp the critical period and opportunity period of reform and innovation, and "one province, one policy" to accelerate the reform of rural credit cooperatives in Hainan Province; Actively participate in the construction of the third pillar endowment insurance and consolidate the achievements of automobile insurance reform; Optimize auto insurance guarantee services, enrich the supply of auto insurance products, and promote the pilot progress of catastrophe insurance. Focusing on financial openness, many places have also defined the "road map". The Beijing Banking and Insurance Regulatory Bureau said it would continue to expand high-level opening-up, actively serve major national opening-up initiatives, and strictly prevent the transmission of country risks and cross-border risks. Shanghai Banking and Insurance Regulatory Bureau will strengthen the construction of Shanghai international financial center, implement the general requirements of high-level opening to the outside world, find the right incision, and promote the opening-up of financial system first; We will continue to increase the concentration of institutions, constantly enrich the types of institutions and enhance the functions of headquarters, actively introduce financial institutions with excellent qualifications and professional characteristics, and help the construction of Shanghai Global Asset Management Center. Guangdong banking and Insurance Regulatory Bureau will continue to implement the reform and innovation strategic deployment of Guangdong Hong Kong Macao Great Bay zone, Hengqin Guangdong Macao deep cooperation zone and Guangdong pilot Free Trade Zone, and further promote the opening of the banking and insurance industry to the outside world. (Xinhua News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Economic Information Daily
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email：lwxsd@liaowanghn.com
Economy
Recommended Reading Change it 
Home
