"In the next step, the China Banking and Insurance Regulatory Commission will continue to deepen the market-oriented reform of the use of insurance funds, and support insurance funds to increase long-term financial support for advanced manufacturing and strategic emerging industries under the principles of legal compliance, risk control, and commercial sustainability. Improve regulatory policies. The second is to deepen the reform of decentralization, regulation and service. The third is to carry out product innovation.” On July 14, at a press conference held by the State Council Information Office, Zhang Zhongning, spokesperson for the China Banking and Insurance Regulatory Commission, made the above statement. Said.
　　For the insurance industry, debt management and insurance fund utilization are the two wheels of insurance operations. The use of insurance funds is not only very important for insurance operations, but also playing an increasingly important role in economic and social development.
      In recent years, the China Banking and Insurance Regulatory Commission has implemented the decisions and deployments of the Party Central Committee and the State Council on the high-quality development of financial service manufacturing, encouraging insurance funds to play the role of long-term, stable and value investors. And strategic emerging industries to provide multi-level financial support. One is to broaden the sources of funds for industry funds. The second is to increase direct equity investment. The third is to strengthen financing support for listed companies. The fourth is to enrich the medium and long-term investment tools in the market. Fifth, continue to optimize the business environment.
　　Zhang Zhongning said that the insurance asset management industry actively creates insurance asset management products, participates in investment in high-end equipment, artificial intelligence, new-generation information technology and other fields, connects high-tech industrial parks and strategic emerging industries, and forms a number of typical projects.
 
　　Help companies tide over difficulties and resume production
       Liu Zhongrui, head of the Statistical Information and Risk Monitoring Department of the China Banking and Insurance Regulatory Commission, introduced that since 2021, the China Banking and Insurance Regulatory Commission has conscientiously implemented the decisions and deployments of the Party Central Committee and the State Council, vigorously improved the quality and efficiency of financial services, prevented and resolved risks in key areas, and continued to deepen reform and opening up , The banking and insurance industry maintained a good momentum of stable operation. First, the assets and main businesses of the banking and insurance industry have grown steadily. Second, the quality and efficiency of serving the real economy continued to improve. The third is the effective prevention and control of risks in key areas. Fourth, the robustness of bancassurance institutions has increased significantly. However, the current economic recovery of our country is uneven and the foundation is not stable. Some enterprises, especially small and micro enterprises and individual industrial and commercial households, still face certain difficulties in their production and operation.
　　 "Because of the lag in the exposure of non-performing loans, as the deferred debt and interest policy expires, non-performing loans will still face upward pressure in the future, and non-performing loans may further increase." Liu Zhongrui analyzed.
        Liu Zhongrui believes that the China Banking and Insurance Regulatory Commission should in-depth study and judge risk, grasp the risk base, guide banks to prudently operate, strengthen risk control, and urge banks to adopt the expected credit loss method in accordance with the principle of substance over form, fully assess risks, and make real asset classifications. Provisions are made. Encourage banks to coordinate a comprehensive plan to deal with the rebound of non-performing loans, effectively use methods such as cash collection, write-off, and batch transfers to further increase the disposal of non-performing loans, and support banks to replenish capital through multiple channels to enhance their ability to withstand risks.
        Liu Zhongrui said that since 2020, in accordance with the decisions and deployment of the Party Central Committee and the State Council, in order to hedge against the impact of the epidemic and protect market players, the China Banking and Insurance Regulatory Commission has adopted a number of financial support policies such as deferred debt repayment, reduction of fees and interests, etc., which are conducive to stabilizing business conditions. And cash flow, helping a large number of companies to tide over difficulties, resume production, and mitigate risks. Most companies have gradually recovered their production and operations, which played a key role in stabilizing bank credit quality. At the same time, the China Banking and Insurance Regulatory Commission instructed banks to increase provisioning and disposition of non-performing assets in a forward-looking manner, dispose of risks as early as possible, and free up more room for risk response.
        A set of data provided by Zhang Zhongning shows that in terms of serving small and micro enterprises, by May 2021, the balance of inclusive small and micro enterprise loans will be 17.07 trillion yuan, a year-on-year growth rate of 30.53%, which is 18.78 percentage points higher than the growth rate of various loans. The number of households with loan balances was 28,634,200, a year-on-year increase of 5.7074 million. In the first five months of 2021, the nationwide new inclusive loan interest rate for small and micro enterprises is 5.68%, a decrease of 0.2 percentage points from 2020.
 
　　 Actively contribute to achieving carbon peak and carbon neutral goals
       According to Ye Yanfei, head of the Policy Research Bureau of the China Banking and Insurance Regulatory Commission, my country’s banking industry has done a lot of work to achieve the peak of carbon by 2030 and the ambitious goal of achieving carbon neutrality by 2060: First, it has further clarified the banking institutions’ own strategies. . By helping to achieve the carbon peak and carbon neutral goals, the banking institutions will realize their own comprehensive green transformation. The second is to clarify the long-term goals of the banking institutions themselves. To achieve carbon neutrality on the bank's asset side, the bank's own operations must also achieve carbon neutrality. The third is to sort out and strengthen related mechanisms. Banking financial institutions regard customer carbon performance as an important reference factor in the credit granting process, and in the longer term, incorporate carbon pricing as an important reference for credit granting, financing decision-making, and loan decision-making. The fourth is to increase support for key areas. In particular, support for low-carbon energy, low-carbon buildings, and low-carbon transportation.
　　 Ye Yanfei said that my country's green credit scale ranks first in the world. First, the overall quality of green credit assets is good. The non-performing loan ratio has remained below 0.7% in the past five years, which is far lower than the overall non-performing level of various loans in the same period. At the same time, the environmental benefits of green credit have gradually emerged. Calculated according to the ratio of green credit funds to the total investment in green projects, the green credit of 21 major banks can support the saving of more than 300 million tons of standard coal each year, and the reduction of carbon dioxide equivalent by more than 700 million tons. Moreover, the protection function of green insurance has been continuously improved. my country's environmental pollution liability insurance has covered 21 high environmental risk industries such as heavy metals, petrochemicals, and medical waste, and the geographical scope covers 31 provinces and cities. It has made positive efforts to support the construction of ecological civilization and help achieve the goal of carbon peak and carbon neutrality. contribution.
　　 In response to the next step of support for green and low-carbon industries, Ye Yanfei said that the first is to strongly support the development of new energy and low-carbon energy, and continue to support the development of low-carbon transportation and low-carbon buildings with great potential. As a very effective collateral, the second carbon emission right can provide an important pledge basis for banks to expand financing. The third banking industry faces many customers and has great potential in identifying and tapping green credit assets.