In order to implement the speech spirit of secretary Cai Qi at the Financial Work Symposium, on January 6, the Municipal Investment Promotion Center and the Municipal Financial Supervision Bureau jointly organized the "Beijing Financial Policy Promotion Conference". Zhou Xu, director of the Municipal Investment Promotion Center and Wang Ying, deputy director of the Municipal Financial Supervision Bureau attended the meeting and delivered speeches, while Xu Zongjun, deputy director of the Municipal Investment Promotion Center, presided over the meeting.

At the meeting, the spirit of secretary Cai Qi's speech at the Financial Work Symposium on December 24 was announced: Beijing, as the capital of China, is the location of national financial regulatory authorities, large financial institutions and important financial infrastructures. The financial industry has become the first pillar industry in Beijing, and Beijing has unique advantages in developing the financial industry. We should strengthen the functional construction of the national financial management center.

The national financial regulatory authorities, such as the "One Bank, Two Commissions" and Beijing Foreign Exchange Administration, have conveyed the new guidance of national financial opening, such as reducing the restrictions on foreign shareholding ratio and promoting the free flow of cross-border capital. The Municipal Financial Supervision Bureau has interpreted the preferential policies and measures to support the development of financial industry in Beijing. The Municipal Investment Promotion Center has introduced that Beijing is the first to establish a loan renewal mechanism across the country and strives to reduce the bridge financing cost of small and micro enterprises, and also introduced the enterprise service housekeeper system, 12345 enterprise service hotline and other innovative measures for optimizing the business environment. The meeting gave responses to concerns of the enterprises on recent policies and practical issues.

The Conference pointed out that in 2019, Beijing's financial industry continued to develop healthily, and the level of opening up to the outside world has continued to improve. The city's Investment Promotion Center and the city's Financial Supervision Bureau worked together and promoted the settlement of a large number of representative financial industry expansion and opening projects in Beijing, such as MasterCard of the United States, ERGO Insurance Group of Germany, Toyota Finance of Japan and SWIFT of Belgium.

The meeting invited 160 Chinese and foreign financial institutions, including the British Embassy in China, the London Development Promotion Agency, the London Financial City, the China-Britain Business Council, the Japan-China Economic Association, the Swiss Federation of European and Chinese enterprises, and the Danish Chamber of Commerce in China to participate in the meeting. The financial offices of 8 districts including Dongcheng, Xicheng, Chaoyang, Fengtai, Shijingshan, Fangshan, Tongzhou, Shunyi and the directors of key financial functional areas attended the meeting.

The Municipal Investment Promotion Center and the Municipal Financial Supervision Bureau will do a good job in tracking the service work, implement the enterprise service housekeeper system, create a better development environment, and jointly promote the high-quality development of the city's financial industry.