On May 27, the office of the financial stability and Development Commission of the State Council (hereinafter referred to as the "financial commission") issued a news that, according to the unified deployment of the financial commission, the following 11 pieces of gold will be launched in the near future, on the basis of in-depth research, in accordance with the principle of "one for maturity, one for promotion", by the member units of the financial commission such as the development and Reform Commission, the Ministry of finance, the people's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the foreign exchange administration We will continue to deepen financial reform and opening up. So let's learn these measures together!

Q:	What is the background of the financial reform?
A:	In order to solve the problem of financing difficulty and high cost of small and micro enterprises, the government work report in 2020 clearly proposed: "encourage banks to substantially increase credit loans, first loans and non repayment loans of small and micro enterprises. Financial institutions and loan enterprises coexist and prosper, and encourage banks to make reasonable profits. In order to protect the main body of the market, we must make the loan availability of small and medium-sized micro enterprises significantly improved and the comprehensive financing cost significantly reduced. "
Q:	What are the contents of this financial reform?
A:	According to the requirements of the government work report, we should strengthen the innovation of monetary policy, improve the pertinence and accuracy of financial support, and put forward the following five aspects of work: Extend the policy of loan extension of principal and interest payment of small and medium-sized micro enterprises; Increase the support for credit loans of small and medium-sized enterprises; Improve the government guarantee mechanism; Increase the financing support of bond market; Vigorously develop supply chain finance.
Q:	What are the 11 financial reform measures?
A:	The financial reform has been extended and refined to the following 11 financial reform measures: 1. Issue the supervision and evaluation measures for the financial services of small and micro enterprises of commercial banks; 2. Issue the work plan for deepening the reform and replenishing capital of small and medium banks; formulate the implementation opinions for deepening the reform of rural credit cooperatives; 3. Issue the industry performance evaluation guidelines for government financing guarantee and re guarantee institutions; 4. Issue Four rules, including the measures for the administration of the registration of the initial public offering of shares on the growth enterprise market (for Trial Implementation), issued eight major rules, including the rules for the listing of shares on the growth enterprise market; 5. Issued the guidance on the listing of companies listed in the national small and medium-sized enterprise stock transfer system; 6. Issued the measures for the administration of standardized notes; 7. Issued the rules for the identification of standardized creditor's rights assets; 8 Issue the guidelines for bond business of foreign government agencies and international development agencies; 9. Promote the further opening of credit rating industry to the outside world, allow qualified international rating agencies and private rating agencies to carry out bond credit rating business in China, and encourage domestic rating agencies to actively expand international business. 10. Guide the standardized and orderly development of the industry of Certified Public Accountants 11. Issue the opinions on strengthening the administrative punishment of financial illegal acts.
Q:	What kind of influence will the financial reform bring?
A:	The government work report clearly points to small and medium-sized micro enterprises, which has become the "play" of 11 measures. Support and promote the financing of small and micro enterprises. Six of the 11 measures are very clear to support and promote the financing of small and micro enterprises from all aspects, so as to make the financing of small and micro enterprises more convenient, smoother and cheaper. Accelerate the replenishment of capital by small and medium-sized banks. According to the second article of the 11 measures, the work plan for deepening reform and replenishing capital of small and medium-sized banks was also issued to further promote the deepening reform of small and medium-sized banks, accelerate the replenishment of capital by small and medium-sized banks, adhere to the principle of market-oriented and rule of law, raise funds through multiple channels, and organically combine the replenishment of capital with the optimization of corporate governance. The next stage is the panorama of financial reform and opening up. In addition to the key points of small and micro enterprises and small and medium banks, 11 measures also cover capital market, opening up, financial consumer protection and other fields.