It was required by Qu Hai on the working conference of establishment of sound financial condition in Chenzhou city

The working conference of establishment of sound financial condition in Chenzhou city was held recently. Qu Hai- Deputy Secretary of Chenzhou Municipal Party Committee and Mayor of Chenzhou City required on the conference that further promotion of sound interaction development of finance and economy should be carried out in Chenzhou city to guide against and defuse financial risks and make sure the stable performance of Chenzhou financial market.

It was the tenth year after Chenzhou city launched the project for establishment of financial security zone in 2003. With the hard efforts of Chenzhou city, great achievements of Chenzhou city’s financial condition were reached in Chenzhou city. Many financial institutions were settled down in Chenzhou city, ranking the second place of Hunan province of introduction of the financial institutions. Yizhang county and Zixing city were entitled as Hunan provincial qualified financial security unit in 2010 and 2013. Concerning for the deposit balance, loan balance, increase of loan, and quantity of financial institutions, all were doubled within 5 years from 2008 to 2012. It was approved by People’s Bank of China Changsha Central Branch and Financial Office of Hunan Government to carry out the “pilot establishment of sound financial condition city” in Chenzhou city.

Qu required that all the departments should pay much attention on the financial work. Further enhancement and improvement of the leadership of financial work should be carried out by all levels of party committees and governments, especially the cadres to upgrade their capacity on transformation development with financial measures. At the meantime, all the economical departments, financial management departments and financial enterprises should promote their work on keeping the stable increase of economy, adjustment of economical structure, promotion of reform, and improvement of well-being projects, etc.

Qu also stated that further promotion of interaction development of finance and economy should be boosted in Chenzhou city. More loans should be released by the financial institutions to make sure the new loan target of 11 billion yuan could be fulfilled on time. Working style should be changed by the governments to serve for the financial institutions, small and medium sized enterprises and private enterprises and provide them with better condition.

Qu said all departments should guide against and defuse financial risks on the process of development. More measures should be placed on perfecting the financial supervision mechanism, and financial risk prevention mechanism to make good preparation work on solving financial risks and ensure the stable performance of Chenzhou financial market.

Zhang Xihui- Deputy Mayor of Chenzhou City delivered a working report on the conference.