China has vowed to accelerate the reform of the reform of small and medium -sized fina

China's official vowing will accelerate the reform of small and medium -sized financial institutions, and promote the optimization structure of small and medium -sized banking institutions, improve quality and efficiency.

Li Yunze, director of the State Administration of Finance and Administration of China, said in an exclusive interview published on Sunday (December 3) that the General Administration of Finance will focus on the key things that affect the stability of financial stability and the key person who causes major financial risksThe key behavior of destroying the market order is really accurate and painful, and the relevant departments seriously handle the third -party intermediary agencies of illegal and illegal regulations.

Li Yunze also said that the General Administration of Financial Supervision will seize the current favorable opportunity, increase efforts to promote risk disposal, and will promote the optimization structure of small and medium -sized banking institutions, improve quality and efficiency.

Li Yunze emphasized that the General Administration of Finance Supervision will promote the return of insurance companies to the return of its origin, highlight the security function, and guide asset management, non -bank and other institutions to adhere to positioning and differentiated development.

He also emphasized that the current operation of China's financial industry is generally stable and the overall risk has strong resistance.

The State Administration of Finance Supervision is responsible for implementing unified supervision and management of the financial industry except the securities industry.According to Reuters, the scale of China's financial industry reached $ 57 trillion ($ 76 trillion).

The Central Financial Work Conference held at the end of October emphasized that it is necessary to effectively improve the effectiveness of financial supervision, eliminate regulatory gaps and blind spots, and timely dispose of the risk of small and medium -sized financial institutions.

The meeting also said that there are still many hidden dangers of economic and financial risks, the quality and efficiency of the real economy of financial services are not high, the financial chaos and corruption issues are repeatedly banned, and financial supervision and governance capabilities are weak.