Wenzhou Has Introduced A Financial Reform Plan: Promoting The Sunshine Of Private Lending

In order to give full play to the advantages and disadvantages of the private economic system and private capital, standardize and guide private capital and improve the local level.

The five system is to explore the establishment of a financial organization system that is compatible with the economic and social development of Wenzhou.

The four areas are: the construction of Wenzhou local financial reform and innovation pilot area, the non-governmental financial standard development demonstration zone, the SME financial service demonstration area and the rural financial service area.

The eight content is: striving for "Wenzhou national financial comprehensive reform pilot area".

The general plan of Wenzhou national comprehensive financial reform pilot area was formulated.

In accordance with the principle of first trial, the reform items within the decision-making scope of the municipal Party committee shall be organized and implemented within the year. The provincial Party committee and the provincial government shall be authorized to implement the matters within the decision-making scope of the provincial Party committee and the provincial government. On this basis, the general plan of the pilot area shall be reported to the state as soon as possible and approved for approval.

In addition to deepening pilot projects for small loan companies, launching the shareholding system reform of rural cooperative financial institutions, encouraging and introducing national financial institutions to set up professional institutions in Wenzhou, the most innovative ones are: launching pilot projects of private capital management service companies.

This is a Limited by Share Ltd that aggregates private capital, capital investment consulting, capital management, project investment and other services.

Its funds are mainly used to invest in enterprises, legal persons, natural persons or other economic organizations and projects within the jurisdiction of the county.

Set up a private lending registration service center.

This is an organization that provides private lending parties with integrated services such as supply and demand information collection and issuance, loan contract notarization and registration, paction settlement, asset appraisal registration and legal consultation. The purpose is to promote the sunshine and legalization of private lending behavior, and guide private capital to enter into financing and entrepreneurial activities legally and orderly.

During the year, 1 counties (cities and districts) were selected to start the pilot work in advance.

Promote the development of equity investment industry.

During the year, the Wenzhou people's equity investment fund 1 was set up to raise 200 million yuan in the first phase.

We encourage the development of various local equity investment funds, attract high-quality equity investment funds from home and abroad to settle in Wenzhou, vigorously promote the establishment and establishment of equity investment institutions, establish Wenzhou people's equity investment industry associations, and guide private capital into the real economy in an orderly way.

Establishing regulatory mechanism for innovative local financial institutions.

The leading group of local financial supervision in Wenzhou should be set up to further strengthen supervision over innovative local financial organizations, effectively prevent and dispose of local financial risks, and nurture and develop local financial industry.

The Wenzhou local financial supervision center should be set up to undertake the supervision and inspection of innovative local financial organizations, and strive to create innovative local financial organizations.