Exhibition of Longyuan's financial glory and a new era of finance
- Firmly promote the high-quality development of the banking and insurance industry in the correct direction guided by the party
Xie Lei, Secretary of the Party Committee and Director of the Gansu Banking and Insurance Regulatory Bureau
A century of party history, a century of red Finance, history has proven that without the Communist Party of China, there would be no New China, let alone Chinese finance. Under the strong leadership of the Party and the unremitting efforts of generations of Longyuan Financial people, Longyuan Finance has also experienced historic transformations from scratch, from small to large, from weak to strong, from closed to open, and continues to It has injected vital water into the economic and social development of Gansu and provided a strong financial impetus.
Adhere to political leadership and inherit the red financial gene
Longyuan Finance has a deep red foundation. The red gene has been flowing in the blood since its creation. Since the Shaanxi-Gansu-Ningxia Border Region Government established the revolutionary base in Nanliang, it has attached great importance to it. Financial and taxation work has carried out fruitful financial innovation practices in the southeastern Longnan region. After the founding of New China, our province further carried out integration and transformation on the original financial basis, forming a completely socialist financial infrastructure in Gansu. It has successively gone through the period of socialist revolution and construction, the new era of reform and opening up and socialist modernization, especially the new era of socialism with Chinese characteristics since the 18th National Congress of the Communist Party of China, and has basically built a modern modern economy that is compatible with the socialist market economy. Financial organization system, financial market system, financial regulation and supervision system.
Since the 18th National Congress of the Communist Party of China, we have attached great importance to the Party’s centralized and unified leadership of financial work. In financial supervision work, we have always insisted on putting the Party’s leadership first. We insist that the financial undertaking is first and foremost the party’s undertaking, and the regulatory authorities are the first priority. Political organs shall do a solid job in supervision and guidance. With local corporate banking and insurance institutions as the main body, support and cooperate with banking and insurance institutions to strengthen and improve party building, insist on integrating the party's leadership into all aspects of corporate governance, and embed party organizations into the corporate governance structure, achieving the goal of banking and insurance institutions in the province The party organization should do its best and have achieved remarkable results in effectively leveraging the advantages of the socialist system, maintaining regional economic security, improving the financial governance system, and improving financial governance efficiency, which has effectively promoted the rapid and steady development of the province's banking and insurance industries. As of the end of 2020, the province had 132 banking financial institutions of various types, 10 non-bank financial institutions, more than 4,500 branches and business outlets, and total banking industry assets of 3.24 trillion yuan, which was 2.38 times that at the end of 2012; There are 32 insurance companies of various types, including 1 corporate insurance company, more than 1,900 central branches and various branches, 94 professional insurance intermediaries, and the total assets of insurance institutions are 128.1 billion yuan, which is 3.22 times that at the end of 2012.
Insist on strengthening the roots and support the development of the real economy
In the process of doing a good job in bank insurance, we carefully study and understand the nature and laws of finance, accurately grasp the symbiotic and mutual prosperity relationship between the real economy and finance, and deeply understand that "financial life, economic life "Finance is stable, economy is stable; economy is prosperous, finance is prosperous; economy is strong, finance is strong" connotation and essence, closely following the actual conditions of Gansu Province, and strive to explore effective ways to build financial support for the development of Gansu's real economy. Pay more attention to giving full play to the industry advantages of our province's banking and insurance industries, pay attention to the differences and characteristics of different types of banking and insurance institutions in terms of their own resource endowments, business ecology, market positioning, development strategies, etc., and implement classified supervision and differentiated supervision , and strive to create a benign financial symbiosis environment in which various financial institutions develop in a dislocated manner, complement each other's advantages, refine division of labor, and orderly compete to meet the multi-level and diversified financial needs of Gansu's economy and society. Continue to strengthen supervision and guidance, guide banking and insurance institutions to regard serving the real economy as their bounden duty and purpose, thoroughly implement the new development concepts of innovation, coordination, green, openness and sharing, and proactively adapt and seek change in a complex and changing environment. Optimize the structure of the financial system, strengthen financial service functions, identify the positioning of financial services, resolutely put an end to problems such as turning real into virtual, self-idle, self-circulation, etc., and allocate more financial resources to key areas and weak links in economic and social development.
As of the end of May 2021, the total loans of the province's banking financial institutions were 2.32 trillion yuan, 3.23 times that of the end of 2012; the total loans of small and micro enterprises were 610.4 billion yuan, 3.43 times that of the end of 2012; agriculture-related loans were 697.9 billion yuan, It was 2.65 times that at the end of 2012. At the end of 2020, the province's insurance institutions achieved original insurance premium income of 48.5 billion yuan, 3.06 times that at the end of 2012; compensation and benefit expenditures were 16.9 billion yuan, 3.51 times that at the end of 2012; insurance depth (premium/ GDP ) increased from 2.81% in 2012 to 5.38% in 2020, and insurance density (premium per capita) increased from 615.16 yuan to 1939.22 yuan in 2020. A total of more than 100 billion yuan of insurance capital has been introduced, and the "insurance capital inflow" has exceeded 10 billion yuan for many consecutive years.
Adhere to the supremacy of the people and demonstrate the responsibility of the times
The financial industry is related to the wealth security and life security of the people. Today, it has become an important tool for managing the world, benefiting the people, and governing the country, and has become indispensable for people to produce wealth and live a happy life. basic services. In financial work, we always adhere to the concept of "people-centered" and regard protecting the fundamental interests of the overwhelming majority of the people as the starting point and goal of doing banking and insurance work. We insist that financial work comes from the people and goes to the people. , born for the people, prospered by the people, listening carefully to the opinions and voices of the people, and striving to make finance “the people’s finance”. Adhere to the people's standpoint as the fundamental standpoint for carrying out work, deeply implement the concept of inclusive finance, standardize the behavior of financial institutions in providing financial products and services, consolidate the results of poverty alleviation, continue to promote rural revitalization, and allocate more financial resources to services We must make great efforts to improve people's livelihood financial services, continuously improve the coverage, availability and satisfaction of financial services, meet the people's growing financial needs, and effectively safeguard the legitimate rights and interests of financial consumers. Really do practical things for the people.
As of the end of May 2021, the province has invested a total of 65.6 billion yuan in poverty alleviation microcredit (now converted into "Microcredit for the Poverty Alleviation Population"), benefiting 1.4612 million registered and marginalized poor households, becoming a national poverty alleviation credit card. It is one of the provinces with the fastest advancement of microfinance work, the largest loan scale and the widest coverage. It has played a positive role in solving the financing cost of poor farmers, promoting the development of advantageous and characteristic industries in poor areas, and stimulating the endogenous motivation of the poor people. As of the end of May 2021, the province had built 15,800 rural financial service offices with nearly 50,000 part-time staff, effectively opening up the "last mile" of rural financial services and achieving full coverage of basic rural financial services. Since its inception in 2007, the province's agricultural insurance has achieved a cumulative premium income of 10.239 billion yuan, with an average annual growth rate of 31.52%; a cumulative compensation payment of 7.204 billion yuan, with an average annual growth rate of 60.25%, basically achieving "full coverage of poor households, poor households The planting and breeding industry is fully covered, and the natural risks and market risks of the planting and breeding industry for poor households are fully covered." The poverty alleviation mechanism of critical illness insurance has been further improved. A total of 22.1537 million people have been insured in the province, covering about 85% of the province's population, effectively alleviating the problem of "returning to poverty due to serious illness".
Adhere to the bottom line of risk and maintain regional financial stability
Finance is the core of the modern economy, and financial security is an important part of national security. As an industry that operates and manages risks, symbiosis with risks is an inherent feature of the financial industry, and financial supervision The core responsibility of the department is to prevent and resolve financial risks. We conscientiously implement the requirements of the Central Financial Work Conference on financial risk prevention and control, resolutely implement the decisions and arrangements of the China Banking and Insurance Regulatory Commission, the Provincial Party Committee and the Provincial Government on financial risk prevention and control, insist on facing difficulties and problems head-on, and actively respond to the economic downturn and the new crown epidemic ml6 The pressure from the impact of the epidemic has been superimposed, and we have gone deep into the front lines of conflicts, withstood the pressure, faced the difficulties, and strived to be one step ahead in regulatory measures and risk prevention and control. We have done everything possible to resolve risks and eliminate hidden dangers, while resolutely preventing the risk of handling risks. Strive to promote organizations to achieve "online repair".
Since 2018, after three years of unremitting efforts to prevent and resolve financial risks, on the premise of maintaining basic regional financial stability, we have adhered to institutional supervision as the core, with the improvement of corporate governance structure as the starting point, and market standards. With on-site and off-site supervision and on-site inspection as the axis, we will strengthen capital supervision, liquidity supervision and behavioral supervision of financial institutions, go all out to promote the reform and risk reduction of high-risk institutions in the jurisdiction, and resolutely maintain the goal of preventing systemic and regional financial risks. Bottom line. Taking the "Year of Internal Control and Compliance Management Construction" as an opportunity, banking and insurance institutions are urged to firmly establish compliance awareness in financial services, strengthen the construction of internal control and compliance management, consolidate and expand the results of chaos rectification, cultivate a sound and prudent operating culture, and actively Promote the transformation of banking and insurance institutions from "passive compliance" to "active compliance". Persist in correctly handling the relationship between strengthening supervision and supporting innovation, and always consider whether it is conducive to supporting the real economy, whether it is conducive to preventing financial risks, and whether it is conducive to protecting the legitimate rights and interests of consumers. These " three benefits " principles will be used as a measure of financial innovation. Basic standards of rationality, and resolutely crack down on "pseudo-innovation" and "random innovation" that deviate from the needs of the real economy, endanger financial stability, and infringe on consumer rights. Continue to improve the banking and insurance supervision and governance capabilities, pay more attention to the organic combination of functional supervision and institutional supervision, make every effort to weave a dense supervision matrix, broaden the supervision horizon, extend the supervision chain, continuously improve the ability to penetrate and identify the nature of risks, significantly increase the cost of violating the law, and continuously improve Supervise the level according to the law to achieve full coverage of institution, business and risk supervision.
has been on a journey of thousands of miles and the wind is strong, and it sets sail again with an important task ahead. We must unswervingly uphold and strengthen the Party’s centralized and unified leadership over financial work, persist in transforming the Party’s original mission into the firm belief of bank insurers, and integrate the people’s expectations for financial work and the real economy’s practical needs for financial work. Rising demand has become a concept that must be followed in bank insurance work, focusing on The overall development situation of the party and the country focuses on the actual conditions of Gansu Province, accurately grasps the new development stage, thoroughly implements the new development concept, strives to build a new development pattern, and goes all out to promote the banking and insurance institutions in the jurisdiction to achieve high-quality development, and accelerate the construction of a happy and beautiful new era. Gansu provides more effective financial support.
#Gansu banking and insurance industry celebrates the 100th anniversary of the founding of the Party#
