(Beijing Comprehensive News) Chinese officials continue to express their support for private enterprises.Guo Shuqing, chairman of the Banking Insurance Regulatory Commission, said that the special rectification of the 14 platform corporate financial business was basically completed, and a few leftover problems were solving it, and normalized supervision will be implemented in the future.

Xinhua News Agency reported on Saturday (January 7) that Guo Shuqing revealed the above information in an interview.

Guo Shuqing also reiterated the official policy tone and encouraged platform companies to show their skills in leading development, creating employment, and international competition.

The Central Committee of the Communist Party of China in 2020 emphasized that financial innovation must be carried out under the premise of prudent supervision.Since then, Reuters reported in April 2021 that China ’s regulatory agencies have successively interviewed 14 online platform enterprises such as Ant Group, Tencent, and Baidu’ s Daoman Finance, and financial business rectification.

The Chongqing Banking Insurance Regulatory Bureau has recently approved the plan of Chongqing Ant Consumer Finance Company to increase registered capital, from 8 billion (RMB, the same below, about 1.6 billion yuan) to 18.5 billion yuan.The outside world believes that this means that China's official supervision and rectification of ants such as ants may come to an end.

Guo Shuqing also said that with the optimization of epidemic prevention and control measures, China's economic growth is expected to return to the normal track quickly.

For private enterprises, Guo Shuqing said that in the next step, financial institutions will further establish a concept of colleagues and treat various types of ownerships fairly and fairly.

He said that monetary policy has increased to private enterprises, maintaining the effective growth of total credit, and promoting the reduction of comprehensive financing costs.Based on the further financial services of private small and micro enterprises in the manufacturing industry, we will increase the credit and insurance security of private enterprises and individual industrial and commercial households in the service industry.