CCTV News: According to the People's Bank of China, in order to thoroughly study and implement the spirit of General Secretary Xi Jinping's important speech at the private enterprise symposium and implement the decisions and arrangements of the Party Central Committee and the State Council on financial support for the development of private enterprises, on February 28, 2025, the People's Bank of China, the All-China Federation of Industry and Commerce, the State Administration for Financial Regulation, the China Securities Regulatory Commission, and the State Administration for Foreign Exchange jointly held a symposium on financial support for the high-quality development of private enterprises.

The meeting required that moderately loose monetary policies should be implemented, the role of structural monetary policy tools should be played, regulatory guidance should be strengthened, financial institutions should be guided to treat all kinds of enterprises of ownership "equal treatment" and increase credit supply to private and small and micro enterprises. Implement 25 measures to support the private economy in finance, improve the credit enhancement system for private small and medium-sized enterprises, and accelerate the issuance of policy documents for regulating supply chain financial business. Strengthen the institutional construction and product innovation of the bond market, and continue to play the leading role of the "second arrow". We will implement policies such as "Eight Measures on the Science and Technology Innovation Board", "Six Measures for the Modern Industrial System", and "Six Mergers and Acquisitions" to support private enterprises to develop and grow through the capital market. Financial institutions should strengthen the construction of financial service capabilities, further unblock diversified financing channels such as stocks, bonds, and loans of private enterprises, increase investment in various financial resources and factors, and make private enterprises' financial services practical, in-depth and refined. The meeting emphasized that all parties should strengthen coordination and linkage, promote the improvement of financing supporting mechanisms, make great efforts to solve the problems of difficulty and high cost of financing for private enterprises, and jointly create a better development environment for private enterprises. The Federation of Industry and Commerce at all levels should give full play to the role of bridges, links and assistants, deepen investigations and research, build a docking platform, and work with financial management departments and financial institutions to improve the availability and convenience of financing for private enterprises. Private enterprises should strengthen independent innovation, improve their governance structure, attach importance to credit management, strengthen risk management, and unswervingly follow the path of high-quality development.