Cong Lin, deputy director of the General Administration of Financial Regulation, said in response to questions from Xinhua Finance reporters at the press conference of the State Information Office on September 10 that it will give full play to the leading role of supervision, push financial institutions to speed up reform and transformation, and continue to enhance the endogenous motivation and vitality of development. Key tasks include classification measures to optimize the financial institution system and firmly promote the reform and insurance of local small and medium-sized financial institutions.

Cong Lin, deputy director of the General Administration of Financial Regulation, said in response to questions from Xinhua Finance reporters at the press conference of the State Information Office on September 10 that it will give full play to the leading role of supervision, push financial institutions to speed up reform and transformation, and continue to enhance the endogenous motivation and vitality of development. Key tasks include classification measures to optimize the financial institution system and firmly promote the reform and insurance of local small and medium-sized financial institutions.