The reporter learned exclusively that the regulatory authorities guided the China Trust Industry Association to formulate the “China Trust Industry High Quality Development Plan” and have solicited comments from trust companies. The “Plan” clarifies the goals, key tasks and related measures for the development of the trust industry in the next ten years. According to the opinion draft, the “Plan” plans to divide the development goals of trust companies into two stages: by 2029, trusts will consolidate the foundation for high-quality development and strive to be a trustee in the new era. By 2035, trusts will fully perform their professional service functions and create a new pattern of high-quality development. The “Plan” clarifies four key tasks for the next ten years: one is to prepare the “five major articles” to strengthen financial support for the national strategy; the second is to deepen the “three categories” transformation to promote the standardized development of the three major business sectors; the third is to enhance fiduciary service capabilities and build core competitiveness for differentiated development; and the fourth is to consolidate the foundation of comprehensive risk management and comprehensively strengthen corporate governance. At the same time, four supporting guarantee measures have been clarified, covering talent cultivation, system improvement, digital transformation, and cultural construction.

The reporter learned exclusively that the regulatory authorities guided the China Trust Industry Association to formulate the “China Trust Industry High Quality Development Plan” and have solicited comments from trust companies. The “Plan” clarifies the goals, key tasks and related measures for the development of the trust industry in the next ten years. According to the opinion draft, the “Plan” plans to divide the development goals of trust companies into two stages: by 2029, trusts will consolidate the foundation for high-quality development and strive to be a trustee in the new era. By 2035, trusts will fully perform their professional service functions and create a new pattern of high-quality development. The “Plan” clarifies four key tasks for the next ten years: one is to prepare the “five major articles” to strengthen financial support for the national strategy; the second is to deepen the “three categories” transformation to promote the standardized development of the three major business sectors; the third is to enhance fiduciary service capabilities and build core competitiveness for differentiated development; and the fourth is to consolidate the foundation of comprehensive risk management and comprehensively strengthen corporate governance. At the same time, four supporting guarantee measures have been clarified, covering talent cultivation, system improvement, digital transformation, and cultural construction.