The Party Committee of the State Administration of Financial Supervision and Administration held a meeting to convey the spirit of studying the Central Economic Work Conference. The meeting called for strong and orderly prevention and mitigation of risks in key areas. Firmly carry out the primary responsibility of risk prevention and control, focus on mitigating stock risks, resolutely curb incremental risks, and strictly abide by the bottom line of not “exploding.” Consolidate and expand the achievements of insurance reform and further promote the reduction in volume and quality improvement of small and medium-sized financial institutions. Support the stabilization of the real estate market, further develop the role of urban real estate financing coordination mechanisms, and help establish a new model for real estate development. Guide banks and insurance institutions to actively resolve financial debt risks on local government financing platforms in accordance with the principles of market-based legalization and legalization.

The Party Committee of the State Administration of Financial Supervision and Administration held a meeting to convey the spirit of studying the Central Economic Work Conference. The meeting called for strong and orderly prevention and mitigation of risks in key areas. Firmly carry out the primary responsibility of risk prevention and control, focus on mitigating stock risks, resolutely curb incremental risks, and strictly abide by the bottom line of not “exploding.” Consolidate and expand the achievements of insurance reform and further promote the reduction in volume and quality improvement of small and medium-sized financial institutions. Support the stabilization of the real estate market, further develop the role of urban real estate financing coordination mechanisms, and help establish a new model for real estate development. Guide banks and insurance institutions to actively resolve financial debt risks on local government financing platforms in accordance with the principles of market-based legalization and legalization.