Page 106 - 2021 Special Report
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to gather, mainly including attracting various financial reform and innovation, comprehensive
institutions to settle in, and giving corresponding demonstration zones for insurance innovation,
incentives to settle in according to the categories, pilot zones for the revitalization of rural financial
levels, paid-in registered capital and other services, and pilot zones for reform and innovation
aspects. Among them, the reward for settling in direct financing. The Autonomous Region will
down is up to 60 million RMB for licensed financial give capital awards and subsidies and preferential
institutions, 20 million RMB for middle- and back- policies to mobilize the subjective initiative and
office financial service institutions, 10 million RMB enthusiasm of all regions and create a district-wise
for new financial institutions, and 5 million RMB atmosphere for financial reform and innovation.
for equity investment institutions and FinTech At the level of the Autonomous Region, the
institutions. At the same time, the government will evaluation mechanism of financial reform should
subsidize office space costs for licensed financial be further improved, the evaluation information
institutions and the ASEAN Securities and Futures system should be built, and characteristic financial
Service base, giving full play to the leading role cities and demonstration counties should be built.
of these institutions, promote the accumulation
of high-quality resources and the development - Encouraging financial support for the
of a modern financial industry, accelerate the development of the real economy by firmly
construction of a regional characteristic financial grasping the essential requirements of financial
system in Guangxi, and lay a foundation for services for the real economy. Promoting financial
innovation in financial services. supply-side structural reform, optimizing the
allocation of financial resources, improving the
- Supporting cross-border financial service quality and efficiency of financial services, and
innovation based on the ASEAN oriented financial guiding credit funds, equity funds, bond funds,
attributes and characteristics of open portal, insurance funds, merger and reorganization funds
provide a percentage of awards and subsidies to and other funds to the real economy, so as to
offshore finance, cross-border RMB settlement, meet the diversified financing needs of enterprises
the interbank market area, cross-border trade, through a series of incentive measures, including
cross-border credit financing insurance service, promoting the increase of credit, supporting
international shipping insurance, cross-border enterprises to go public in the capital market,
equity and debt financing and other cross-border supporting enterprises to issue capital market
financial businesses, highlighting incremental financing instruments, encouraging enterprises to
business rewards, up to 2 million RMB for introduce insurance funds, and encouraging the
individual projects. Conducting financial innovation implementation of mergers and acquisitions.
evaluation. Every year, the financial institutions,
financial regulatory authorities and related - Attracting outstanding financial talent
enterprises in the Autonomous Region shall be to gather through efforts that will be made
rated on the achievements of their activities in the to improve the mechanism for attracting and
transregional use of RMB in ASEAN, innovation cultivating talent, and efforts will be made to
in financial products and services, innovation in send high-end financial talent from the central
financial regulation and application ofFinTech. financial regulatory authorities, the headquarters
Rewards and support will be provided. of financial institutions and eastern regions to
Guangxi for temporary posts or permanent
- Promoting major financial reform in the posts. They will strengthen support for housing,
region including exploring and constructing the transportation and other related benefits.
areas and projects that the overall plan of building Preferential policies such as salary subsidies and
an open financial door for ASEAN first endowed tracking services will be implemented to support
to Guangxi, vigorously promoting the "creation the development of high-level financial talent
system". Encouraging and supporting cities divided such as senior management personnel and senior
into districts where conditions permit financial professional and technical personnel. According
reform and innovation from the bottom up, and to hierarchical classification and echelon training,
strive to create demonstration zones for green implement three big financial talent training
106
institutions to settle in, and giving corresponding demonstration zones for insurance innovation,
incentives to settle in according to the categories, pilot zones for the revitalization of rural financial
levels, paid-in registered capital and other services, and pilot zones for reform and innovation
aspects. Among them, the reward for settling in direct financing. The Autonomous Region will
down is up to 60 million RMB for licensed financial give capital awards and subsidies and preferential
institutions, 20 million RMB for middle- and back- policies to mobilize the subjective initiative and
office financial service institutions, 10 million RMB enthusiasm of all regions and create a district-wise
for new financial institutions, and 5 million RMB atmosphere for financial reform and innovation.
for equity investment institutions and FinTech At the level of the Autonomous Region, the
institutions. At the same time, the government will evaluation mechanism of financial reform should
subsidize office space costs for licensed financial be further improved, the evaluation information
institutions and the ASEAN Securities and Futures system should be built, and characteristic financial
Service base, giving full play to the leading role cities and demonstration counties should be built.
of these institutions, promote the accumulation
of high-quality resources and the development - Encouraging financial support for the
of a modern financial industry, accelerate the development of the real economy by firmly
construction of a regional characteristic financial grasping the essential requirements of financial
system in Guangxi, and lay a foundation for services for the real economy. Promoting financial
innovation in financial services. supply-side structural reform, optimizing the
allocation of financial resources, improving the
- Supporting cross-border financial service quality and efficiency of financial services, and
innovation based on the ASEAN oriented financial guiding credit funds, equity funds, bond funds,
attributes and characteristics of open portal, insurance funds, merger and reorganization funds
provide a percentage of awards and subsidies to and other funds to the real economy, so as to
offshore finance, cross-border RMB settlement, meet the diversified financing needs of enterprises
the interbank market area, cross-border trade, through a series of incentive measures, including
cross-border credit financing insurance service, promoting the increase of credit, supporting
international shipping insurance, cross-border enterprises to go public in the capital market,
equity and debt financing and other cross-border supporting enterprises to issue capital market
financial businesses, highlighting incremental financing instruments, encouraging enterprises to
business rewards, up to 2 million RMB for introduce insurance funds, and encouraging the
individual projects. Conducting financial innovation implementation of mergers and acquisitions.
evaluation. Every year, the financial institutions,
financial regulatory authorities and related - Attracting outstanding financial talent
enterprises in the Autonomous Region shall be to gather through efforts that will be made
rated on the achievements of their activities in the to improve the mechanism for attracting and
transregional use of RMB in ASEAN, innovation cultivating talent, and efforts will be made to
in financial products and services, innovation in send high-end financial talent from the central
financial regulation and application ofFinTech. financial regulatory authorities, the headquarters
Rewards and support will be provided. of financial institutions and eastern regions to
Guangxi for temporary posts or permanent
- Promoting major financial reform in the posts. They will strengthen support for housing,
region including exploring and constructing the transportation and other related benefits.
areas and projects that the overall plan of building Preferential policies such as salary subsidies and
an open financial door for ASEAN first endowed tracking services will be implemented to support
to Guangxi, vigorously promoting the "creation the development of high-level financial talent
system". Encouraging and supporting cities divided such as senior management personnel and senior
into districts where conditions permit financial professional and technical personnel. According
reform and innovation from the bottom up, and to hierarchical classification and echelon training,
strive to create demonstration zones for green implement three big financial talent training
106
