On December 8, the full text of the “Proposal of the Shandong Provincial Committee of the Communist Party of China on Formulating the Fifteenth Five-Year Plan for the National Economic and Social Development of Shandong Province” was released. Among them, it was mentioned to speed up the construction of a strong financial province, improve the real economy mechanism for financial services, actively develop technology finance, green finance, inclusive finance, pension finance, and digital finance, and vigorously cultivate “good quality finance.” Improve the multi-level capital market docking mechanism, implement plans to cultivate listed companies, and promote the expansion and efficiency of direct financing. Deepen regional financial reforms in Jinan, Qingdao, Linyi, Weihai, etc., and promote local small and medium-sized financial institutions to optimize the layout, reduce volume and improve quality, and cultivate excellence and strength.

On December 8, the full text of the “Proposal of the Shandong Provincial Committee of the Communist Party of China on Formulating the Fifteenth Five-Year Plan for the National Economic and Social Development of Shandong Province” was released. Among them, it was mentioned to speed up the construction of a strong financial province, improve the real economy mechanism for financial services, actively develop technology finance, green finance, inclusive finance, pension finance, and digital finance, and vigorously cultivate “good quality finance.” Improve the multi-level capital market docking mechanism, implement plans to cultivate listed companies, and promote the expansion and efficiency of direct financing. Deepen regional financial reforms in Jinan, Qingdao, Linyi, Weihai, etc., and promote local small and medium-sized financial institutions to optimize the layout, reduce volume and improve quality, and cultivate excellence and strength.