PANews reported on October 24th that, according to Jinshi, the Party Committee of the People's Bank of China held a meeting to convey and study the spirit of the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China. The meeting emphasized the need to continue deepening supply-side structural reforms in finance. Focusing on the "five major areas" of science and technology finance, green finance, inclusive finance, pension finance, and digital finance, the adaptability of financial services to the real economy will be improved, supporting key areas and weak links in the national economy. The policy framework for science and technology finance will be improved, and the capacity, intensity, and level of financial support for scientific and technological innovation will be enhanced. The scale, structure, and regional layout of various financial institutions will be promoted to be more rational. A standardized, transparent, open, dynamic, and resilient financial market system will be established. A secure and efficient financial infrastructure system will be established. The development and application of the digital RMB will be steadily advanced.PANews reported on October 24th that, according to Jinshi, the Party Committee of the People's Bank of China held a meeting to convey and study the spirit of the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China. The meeting emphasized the need to continue deepening supply-side structural reforms in finance. Focusing on the "five major areas" of science and technology finance, green finance, inclusive finance, pension finance, and digital finance, the adaptability of financial services to the real economy will be improved, supporting key areas and weak links in the national economy. The policy framework for science and technology finance will be improved, and the capacity, intensity, and level of financial support for scientific and technological innovation will be enhanced. The scale, structure, and regional layout of various financial institutions will be promoted to be more rational. A standardized, transparent, open, dynamic, and resilient financial market system will be established. A secure and efficient financial infrastructure system will be established. The development and application of the digital RMB will be steadily advanced.
Central Bank: Improve the adaptability of financial services to the real economy and steadily advance the development and application of digital RMB
PANews reported on October 24th that, according to Jinshi, the Party Committee of the People's Bank of China held a meeting to convey and study the spirit of the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China. The meeting emphasized the need to continue deepening supply-side structural reforms in finance. Focusing on the "five major areas" of science and technology finance, green finance, inclusive finance, pension finance, and digital finance, the adaptability of financial services to the real economy will be improved, supporting key areas and weak links in the national economy. The policy framework for science and technology finance will be improved, and the capacity, intensity, and level of financial support for scientific and technological innovation will be enhanced. The scale, structure, and regional layout of various financial institutions will be promoted to be more rational. A standardized, transparent, open, dynamic, and resilient financial market system will be established. A secure and efficient financial infrastructure system will be established. The development and application of the digital RMB will be steadily advanced.
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