李云泽：着力提升经济金融适配性

Core Viewpoint - The National Financial Regulatory Administration emphasizes the need to establish a new financial service model that balances direct and indirect financing, investment in goods and people, matching financing terms with industrial development, and linking domestic and international markets [1][2]. Group 1: Direct and Indirect Financing Coordination - The core task of current financial reform is to enhance economic and financial adaptability to promote sustainable and healthy economic development [2]. - The administration aims to support major strategies and key areas, focusing on intelligent, green, and integrated development, while providing more financial resources for traditional and emerging industries [2]. - Four major banks have established financial asset investment companies in Beijing, with more initiatives planned to attract quality financial resources to support high-quality economic development in the capital [2]. Group 2: Deepening Financial Institutional Opening - Financial opening is entering a new phase characterized by comprehensive, multi-level, and wide-ranging approaches, essential for deepening supply-side structural reforms in finance [3]. - The administration will enhance the development dynamics and vitality of the financial sector, promoting a more reasonable institutional layout and improving quality and resilience [3]. - There is a focus on optimizing institutional systems and development quality, correcting disorderly competition, and maintaining a healthy financial order [3]. Group 3: Mergers and Restructuring of Small Financial Institutions - The administration emphasizes the importance of balancing financial development and security, with a commitment to preventing systemic financial risks [4]. - There will be a focus on the orderly merger and restructuring of small financial institutions, enhancing asset disposal and capital replenishment efforts [4]. - The risk management capabilities of small financial institutions have significantly improved, with a notable decrease in the number of high-risk institutions [4].