33-60 Guiding Opinions of the China Banking and Insurance Regulatory Commission on Promoting the High-quality Development of the Banking and Insurance Industry

Summary

These Opinions advocate to adhere to the people-centered development philosophy, implement the new development concept of "innovation, coordination, green, openness, and sharing", deepen the structural reform of the financial supply side, expand the opening of the financial industry, and improve the highly adaptable, competitive, and inclusive modern financial system, continuously improve the quality and efficiency of financial services to the real economy, and effectively prevent and resolve financial risks.

Thumbnail image for These Opinions advocate to adhere to the people-centered development philosophy, implement the new development concept of "innovation, coordination, green, openness, and sharing", deepen the structural reform of the financial supply side, expand the opening of the financial industry, and improve the highly adaptable, competitive, and inclusive modern financial system, continuously improve the quality and efficiency of financial services to the real economy, and effectively prevent and resolve financial risks.

Issuer

China

Year

2019

Region

Asia

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Construction
Real Estate, Rental & Leasing
Manufacturing

Restrictiveness

Very High

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 2: Zero Hunger
SDG 3: Good Health and Well-being
SDG 5: Gender Equality
SDG 6: Clean Water and Sanitation
SDG 8: Decent Work and Economic Growth
SDG 9: Industry, Innovation, and Infrastructure
SDG 10: Reduced Inequality
SDG 14: Life Below Water