The Logic Of Financial Support For Wuhan Metropolitan Area

The positioning of Finance in the development of city circle depends on the role of financial policy in regional economic development. The plan proposes that the cities in the circle should realize the integration of "Financial City", that is, credit market, bill market, payment settlement, factor allocation market and financial information service. By the end of 2015, the target of "three full coverage" of the branches of the joint-stock commercial banks, rural commercial banks, rural cooperative banks, village banks, telephone banks and administrative villages will be realized.

Reporters learned that the Wuhan branch of the people's Bank of China has promulgated the implementation plan of Wuhan city circle financial market development, relying on the strategic layout of Wuhan metropolitan area, further promoting the integration of the urban circle, deepening financial reform and opening up, integrating financial resources allocation, optimizing the financing structure, and significantly enhancing the comprehensive strength, competitiveness and risk resisting ability of the financial industry in the city circle, and promoting the economy. The coordinated and sustainable development of Finance and society has enabled Wuhan to become a regional financial center with dense financial institutions, perfect market, complete functions, efficient service, active innovation and strong absorption of radiation.

The next step is to increase the emphasis. Finance To support the Wuhan city circle economy, accelerate the financial integration of Wuhan city circle, strengthen the coordination of credit policy and industrial policy, and guide financial resources to regulatory model cluster. Economics And hi-tech industrial parks, tilting towards modern agriculture and ecological agriculture, radiating into modern service industries, transferring to renewable economy, circular economy, energy saving and emission reduction projects, and extending to the nationwide entrepreneurial economy and small and medium-sized enterprises.

Wuhan city circle area is implementing the Credit Cultivation Project for small and medium-sized enterprises, gradually improving the financial organization system of the city circle, encouraging the development of diversified financial institutions, and actively developing financial products that meet the needs of the regional economy. This is also one of the basic tasks for financial support for the construction of Wuhan metropolitan area. Make good use of financing channel Support eligible SMEs to accelerate development through IPO and refinancing, and guide social capital such as equity investment funds and venture capital funds to provide financing support for small and medium-sized enterprises, and promote the issuance of collective bonds and collective bills of small and medium-sized enterprises. We will promote the development of new financing methods, such as equity pledge financing and intellectual property pledge financing. We should improve the guarantee mechanism for small loans for laid-off workers, study high-quality financial products and services that are suitable for migrant workers, and support migrant workers in transferring jobs and becoming rich.

Financial center is the product of financial resource aggregation in urban agglomeration. The construction of Wuhan's regional financial center and its exertion of radiation and influence on the surrounding areas will help to speed up the development of the economy and society around the region. Through the construction of Wuhan regional financial center, Wuhan will enhance the attractiveness of Wuhan's financial resources, create an environment conducive to the establishment of headquarters, representative offices and branches of various financial institutions in Wuhan, and develop more intermediary services such as Consumer Finance Companies, investment advisory, asset appraisal, insurance agents, credit rating and other intermediary services, and strive for more credit card centers, data backup centers, and research and development. Center, customer service center, regional business processing center settled in Wuhan. Take the Optics Valley property exchange as the core, build a multi-functional and multi-level comprehensive property rights market based on the city circle, facing the whole province and serving the whole country. We should improve the insurance market system, innovate insurance products, meet the needs of different industries and different fields, and expand the coverage of insurance.