- Regulate development of private financing and set up filing and monitoring mechanisms for private financing;
- Support private capital to participate in local financial reforms and launch or participate in the establishment of village banks, credit companies and rural cooperatives;
- Develop special asset management institutions, and guide private capital to set up venture capital, equity investment companies and related investment management institutions;
- Research to carry out pilot projects on individual direct investment and explore to establish convenient direct investment channels;
- Encourage state-owned banks and joint stock banks to set up special institutions of credit to small enterprises, support financial leasing companies and other non-bank financial institutions to develop business, and promote joint stock transformation of rural cooperative financial institutions;
- Innovate the development of financial products and services offered to micro and small enterprises, agriculture, the countryside and farmers, and strengthen credit support and comprehensive services to them;
- Carry out stock transfer and property right transactions of technologies and culture by non-listed companies;
- Actively develop bond products of various types, and promote more enterprises, especially micro and small ones, to establish and improve the re-guarantee system;
- Expand insurance services, develop insurance products serving special markets and industrial clusters, and support commercial insurance to participate in the construction of the social security system;
- Enhance construction of the social credit system, promote construction of the credit system of micro and small enterprises and the rural credit system, and strengthen supervision of the credit market;
- Encourage state-owned banks and joint stock banks to set up special institutions of credit to small enterprises, support financial leasing companies and other non-bank financial institutions to develop business, and promote joint stock transformation of rural cooperative financial institutions;
- Establish a comprehensive statistical system for the financial industry and strengthen supervision and pre-warning;
- Establish risk-control mechanisms for the comprehensive financial reform.
(Source: Wenzhou government financial reform plan) |