Central Bank: Optimize internal resource allocation and increase funding support for five key areas.

On February 26th, the People's Bank of China held a symposium on the work of doing well in the five major financial areas. The meeting emphasized that all financial institutions should raise their political positions, strengthen organizational support, clarify the leading departments for each major area, coordinate and promote the work as a whole. Optimize internal resource allocation, improve internal fund transfer pricing, performance evaluation, due diligence exemption, and other policy arrangements, strengthen product service innovation in accordance with the characteristics of each key area, and increase funding support for the five major key areas. In addition, make good use of monetary policy tools, do well in loan application and issuance, fund declaration, and tenure management, accurately transmit the central bank's re-lending preferential policies to various key areas through financial institutions. Enhance professional service capabilities, deeply study industrial policies, development dynamics, operating models, and risk characteristics of key areas, accelerate the construction of sustainable business models. Strengthen communication with financial regulatory authorities, timely reflect issues, make suggestions, and exchange experiences with peers. The People's Bank of China will strengthen policy guidance, enhance policy incentives, clarify target requirements, strengthen assessment and evaluation, and provide support, guidance, and service guarantees. National Development Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank Corporation, and Industrial Bank officials exchanged experiences and practices. Officials from the People's Bank of China's Beijing Branch and Zhejiang Provincial Branch introduced the progress of promoting the five major financial areas. Relevant officials from the Central Financial Work Office, People's Bank of China, and development and policy banks, state-owned major banks, national joint-stock banks also attended the meeting.