Joint meeting of the people's Bank of the three regions of Beijing, Tianjin and Hebei to promote the advancement of advanced industries and coordinated improvement in quality in the Beijing-Tianjin-Hebei region.

On November 14th, the Beijing Branch, Tianjin Branch, and Hebei Branch of the People's Bank of China jointly held a meeting in Beijing to discuss the coordination mechanism for the development of the Beijing-Tianjin-Hebei region by 2025 and to promote the upgrading of advanced industries in the three regions. The meeting emphasized that industrial integration is the tangible content and key support of the coordinated development of the Beijing-Tianjin-Hebei region. It is necessary to continue to do well in providing financial support in key areas, focusing on areas such as the relocation of non-capital functions from Beijing, the construction of Xiong'an New Area and Beijing's sub-center, integration of transportation in the Beijing-Tianjin-Hebei region, and ecological environment protection in the region. It is important to actively innovate in credit, bond, and other financing product models, continuously optimize credit reporting, payment, digital RMB, and other financial services, promote the reasonable flow of financial resources in the Beijing-Tianjin-Hebei region, and better support the comprehensive and high-quality development of the coordinated development of the Beijing-Tianjin-Hebei region.