Cong Lin, deputy director of the General Administration of Financial Supervision, said at a press conference on the theme of the “Getting Started with the 15th Five-Year Plan” series held by the State Information Office on September 10 that more measures will be taken together to create a good industry ecology. Guide financial institutions to establish a correct view of political performance, management, performance, and risk, effectively abandon the scale complex, promote a shift from pursuing speed and scale to focusing on quality and efficiency, and continuously enhance core competitiveness. Vigorously rectify acts such as “price wars,” illegal rebates, and “high interest rates and high returns.”

Cong Lin, deputy director of the General Administration of Financial Supervision, said at a press conference on the theme of the “Getting Started with the 15th Five-Year Plan” series held by the State Information Office on September 10 that more measures will be taken together to create a good industry ecology. Guide financial institutions to establish a correct view of political performance, management, performance, and risk, effectively abandon the scale complex, promote a shift from pursuing speed and scale to focusing on quality and efficiency, and continuously enhance core competitiveness. Vigorously rectify acts such as “price wars,” illegal rebates, and “high interest rates and high returns.”