On September 10, at the press conference of the State Information Office, Cong Lin, deputy director of the General Administration of Financial Supervision, stated that second, the reform and insurance of local small and medium-sized financial institutions should be firmly promoted. Strengthen collaboration between the central government and the region, gather joint supervisory efforts, and promote risk management by local small and medium-sized financial institutions in a steady and orderly manner. At the same time, it is also necessary to guide chemical insurance institutions to continue to consolidate the results of reforms, speed up governance restructuring, management restructuring, and business restructuring, and enhance specialized management capabilities and the level of risk prevention and control. Play first hand chess, play active battles, and improve the whole process of prevention and control mechanisms to achieve early identification, early warning, early exposure, and early treatment of risks. For institutions that are less resilient to risk, the study uses various methods to integrate resources and enhance strength to achieve forward-looking risk mitigation. Also, take more measures to create a good industry ecology. Guide financial institutions to firmly establish a correct view of political performance, management, performance, and risk, effectively abandon the scale complex, promote a shift from pursuing speed and scale to focusing on quality and efficiency, and continuously enhance core competitiveness. Vigorously rectify acts such as “price wars,” illegal rebates, and “high interest rates and high returns.” Fully implement the “integration of reporting and banking” in the insurance industry and comprehensive management of non-car insurance, and continue to deepen cost reduction, efficiency, and quality improvement. Strengthen the protection of financial consumer rights, consolidate the main responsibilities of financial institutions, and strengthen product appropriateness and marketing behavior management. Continue to strengthen cooperation and consultation on law enforcement and administration of justice, fight hard to rectify financial “black and gray production”, and continue to consolidate and expand achievements.

On September 10, at the press conference of the State Information Office, Cong Lin, deputy director of the General Administration of Financial Supervision, stated that second, the reform and insurance of local small and medium-sized financial institutions should be firmly promoted. Strengthen collaboration between the central government and the region, gather joint supervisory efforts, and promote risk management by local small and medium-sized financial institutions in a steady and orderly manner. At the same time, it is also necessary to guide chemical insurance institutions to continue to consolidate the results of reforms, speed up governance restructuring, management restructuring, and business restructuring, and enhance specialized management capabilities and the level of risk prevention and control. Play first hand chess, play active battles, and improve the whole process of prevention and control mechanisms to achieve early identification, early warning, early exposure, and early treatment of risks. For institutions that are less resilient to risk, the study uses various methods to integrate resources and enhance strength to achieve forward-looking risk mitigation. Also, take more measures to create a good industry ecology. Guide financial institutions to firmly establish a correct view of political performance, management, performance, and risk, effectively abandon the scale complex, promote a shift from pursuing speed and scale to focusing on quality and efficiency, and continuously enhance core competitiveness. Vigorously rectify acts such as “price wars,” illegal rebates, and “high interest rates and high returns.” Fully implement the “integration of reporting and banking” in the insurance industry and comprehensive management of non-car insurance, and continue to deepen cost reduction, efficiency, and quality improvement. Strengthen the protection of financial consumer rights, consolidate the main responsibilities of financial institutions, and strengthen product appropriateness and marketing behavior management. Continue to strengthen cooperation and consultation on law enforcement and administration of justice, fight hard to rectify financial “black and gray production”, and continue to consolidate and expand achievements.