Promote the leapfrog development of the local financial industry - Zhang Shiping, secretary of the party group and director of the local financial supervision and administration bureau of the province

Hunan Daily New Hunan client reporter Chen Ganzhang

"The Issuance of the "Several Opinions on Promoting the Accelerated Development of Local Legal Person Financial Institutions" issued by the General Office of the Provincial Government this time is of great significance and is also the first move in the whole country." On August 13, Zhang Shiping, secretary of the party group and director of the provincial local financial supervision and administration bureau, said in an exclusive interview with a reporter from Hunan Daily.

The financial industry in our province has accelerated reform and innovation, and the proportion of added value of the financial industry in GDP has increased from 3.8% in 2015 to about 5.1% in 2020, and it has begun to cross the 5% doorbar and enter the ranks of pillar industries. Among them, the local financial industry has made great progress, and representative enterprises such as Changsha Bank, Huarong Xiangjiang Bank, Caixin Financial Holdings, and Founder Securities have emerged.

Zhang Shiping said that although the achievements are gratifying, we must also face up to the gap. There are problems such as incomplete licenses and a small number of local financial industry development in our province, and there is still a certain gap compared with the requirements of high-quality economic development in the province and the development degree of local financial industry in developed provinces and cities, and it is necessary to redouble efforts.

At present, our province is going all out to implement the "three highs and four new" strategy and build a modern new Hunan, and the provincial party committee and the provincial government attach great importance to the development of the financial industry. It is opportune to vigorously promote the leapfrog development of local legal person financial institutions and accelerate the construction of a local financial service system with "reasonable layout, perfect functions, stable operation and vitality". Zhang Shiping said: Focusing on the "Several Opinions on Promoting the Accelerated Development of Local Legal Person Financial Institutions" issued this time, we mainly focus on four aspects.

Efforts should be made to improve the local financial organization system. Adhere to the goal-oriented, seize policy opportunities, effectively integrate all kinds of resources, promote the establishment of property insurance companies, public fund companies, financial leasing companies and other legal person financial institutions, and strive to achieve a full license for the business of local legal person financial institutions in the province by the end of 2025. At the same time, we will promote the development and construction of Hunan Financial Center with high standards, accelerate the improvement of supporting service facilities, introduce supporting policies, create a good business environment, and actively guide financial institutions and various financial intermediaries to settle in to achieve agglomeration and development.

Efforts should be made to enhance the overall strength of the Financial Xiang Army. Support Caixin Financial Holdings to apply for a financial holding company license, and build it into a large-scale state-owned comprehensive financial enterprise that leads the development of local financial institutions in our province and optimizes the allocation of financial resources. Establish a long-term mechanism for capital replenishment, make good use of existing market-oriented channels, and strive to raise government funds through channels such as issuing special bonds and applying for special central loans, so as to supplement the capital of local legal person institutions.

Strive to enhance the ability to serve the real economy. Adhere to the essential requirements of the real economy of financial services, guide local legal person financial institutions to make full use of their advantages of flexible institutional mechanisms and high degree of localization, base themselves on local governments, serve small and micro enterprises and "three rural areas", strengthen asset liabilities and risk management, actively promote the construction of financial technology and informatization, comprehensively improve the quality and efficiency of financial services, and further enhance the ability and level of serving the local economy.

Efforts should be made to prevent and control local financial risks. Coordinate the two major issues of development and security, focus on government debt risks, crowd-related financial risks and other fields, and achieve full coverage of all local financial activities supervision.

[Editor-in-charge: Xiao Xiufen]

[Source: Hunan Daily· New Hunan Client]