The meeting pointed out that it is necessary to increase financial support and expand domestic demand. Strengthen financial assistance to traditional service industries, such as catering and cultural tourism, especially small and micro enterprises and individual industrial and commercial households. Optimize consumer financial products and services, encourage the consumption of bulk commodities such as new energy vehicles and green household appliances, promote the improvement of household consumption, and provide credit support and insurance protection for new consumption and service consumption. We will continue to improve the financial services for new citizens to better meet the needs of migrant workers, newly graduated college students and other groups to live and work in peace. Enrich the supply of financial products, increase residents' safe and stable property income through multiple channels, improve residents' balance sheets and enhance their spending power.
Give play to the countercyclical adjustment role of policy banks and guide commercial banks and insurance institutions to provide supporting financing. Adhere to the "Two Unswervings" and increase financial support for private investment and private enterprises. Promote the smooth domestic and international double circulation, improve foreign trade credit and export credit insurance services, and consolidate and expand new advantages in foreign trade competition.
The meeting said that we should actively support the construction of a modern industrial system. Guide more financial resources to gather in high-end manufacturing industries, and continue to increase medium-and long-term loans and investments in insurance funds around key areas such as advanced manufacturing industries, strategic emerging industries, and transformation and upgrading of traditional industries. Strengthen financial support for the construction of modern infrastructure and circulation system, and accelerate the development of digital economy and modern service industry.
The meeting proposed to resolutely prevent and resolve major risks in the financial sector. Predict the risk of deterioration of credit assets, encourage banking institutions to increase the disposal of non-performing assets, and promote small and medium-sized banks to accelerate the pilot disposal of non-performing loans. Promote the normal cycle of finance and real estate, do a good job of "ensuring the delivery of houses, ensuring people's livelihood and ensuring stability", meet the reasonable financing needs of the real estate market, and improve the balance sheet of high-quality housing enterprises. Adhere to the positioning of "housing and not speculating", implement differentiated housing credit policies due to the city's policy, meet the demand for rigid and improved housing, support the construction of long-term rental housing market, and promote the smooth transition of the real estate industry to a new development model. Cooperate to resolve the hidden debt risk of local governments. Adhere to the distinction between private placement and public offering, investment and credit, equity and creditor's rights, prevent the resurgence of various high-risk shadow banks, promptly investigate and deal with fraudulent acts that promote "capital preservation and high returns", and severely crack down on illegal financial activities.
The meeting also stated that it will continue to deepen reform and expand opening up. Accelerate the establishment of a modern financial enterprise system with China characteristics, improve the internal governance of financial institutions, and prevent manipulation by major shareholders and insider control. Accelerate the reform of rural credit cooperatives focusing on transforming the functions of provincial credit cooperatives, and steadily promote the reform and restructuring of rural banks. Promote the insurance industry to return to its origin, focus on its main business and strengthen its risk protection function. Standardize the development of the third pillar endowment insurance. Guide the trust industry to develop original businesses such as service trust, asset management trust and charity trust. Supervise financial asset management companies to centrally dispose of non-performing assets.