China Banking and Insurance Regulatory Commission: Continue to increase financial support for the transportation and logistics industry and take multiple measures to maintain the safety and stability of the industrial chain and supply chain_Oriental Fortune Network

On April 18, the CBIRC Party Committee made a deployment, requiring the CBIRC system to resolutely implement the national video and teleconference requirements for ensuring smooth logistics and promoting the stability of industrial and supply chains.All departments and units at all levels throughout the system unanimously stated that they must adhere to the people-centered development philosophy, actively support and cooperatebank、InsuranceFinancial institutions such as financial institutions, trusts, and leasing, on the basis of summarizing and promoting the good experience and good practices accumulated in the early stage, make further efforts to promote the realization of people’s livelihood, smooth freight, and industrial circulation.

Specifically, the first is to unify ideological understanding and practical actions into the decision-making and deployment of the Party Central Committee and the State Council. Coordinate epidemic prevention and control and economic and social development, put logistics security in an important position in the overall work, and strive to promote high-quality economic development.Second, continue to increase trafficlogistics industryfinancial support. Guide financial institutions to reasonably increase financial supply to industries such as transportation, warehousing and logistics, and postal express delivery, which are greatly affected by the epidemic, in accordance with the principle of marketization and rule of law, and make good use of special re-lending funds to promote the reduction of financing costs. The third is to take multiple measures to maintain the security and stability of the industrial chain and supply chain. Focus on key areas and key links, actively strengthen service docking and information sharing, and strive to ensure the stable production of key enterprises and the smooth operation of key industrial chains. The fourth is to do everything possible to help market players such as small and medium-sized enterprises. Promote the implementation of financial benefits for small and medium-sized enterprises to help small and medium-sized enterprises stabilize and expand their jobs and promote financing.For small and medium-sized enterprises that have temporary difficulties in production and operation but have good development prospects due to the impact of the epidemic, rationally strengthen financing support andInsuranceGuarantee and help the suspended enterprises to speed up the resumption of work and production. Fifth, go all out to support the guarantee of people’s livelihood services. To optimize the financial services for the needy people and truck drivers and other flexible employment entities affected by the epidemic, it is necessary to meet the needs of the people, help the people with their needs, relieve the people’s difficulties, open up green channels, and provide flexible, convenient and efficient financial services.Sixth, handle steady growthChangherelationship with risk prevention. We will strengthen financial risk monitoring and early warning, deal with all kinds of hidden dangers in a timely manner, resolutely maintain the stable and healthy development of the financial market, and keep the bottom line that systemic risks do not occur.

The whole system should strengthen the centralized and unified leadership of the CPC Central Committee on financial work, strengthen overall planning, supervision and guidance, and ensure that various financial support policies issued earlier are implemented.bankInsuranceInstitutions must take the initiative to “step forward”, implement the work arrangements of the State Council’s joint prevention and control mechanism, effectively help the grassroots solve practical difficulties, make every effort to promote the smooth circulation of the national economy, and maintain the normal production and living order of the people.

(Article source: ChinasecuritiesReport · China Securities Network)

Article source: China Securities Journal China Securities Network

Responsible editor: 73

Original title: China Banking and Insurance Regulatory Commission: Continue to increase financial support for the transportation and logistics industry and take multiple measures to maintain the safety and stability of the industrial chain and supply chain