Authoritative Express from Xinhua News Agency | my country has set clear goals for the high-quality development of inclusive finance in the next five years – Xinhuanet

2023-10-11 09:25:56

Authoritative Express from Xinhua News Agency | my country has set clear goals for the high-quality development of inclusive finance in the next five years – Xinhuanet

The State Council recently issued the “Implementation Opinions on Promoting the High-Quality Development of Inclusive Finance”, which clarifies the guiding ideology, basic principles and main goals of promoting high-quality development of inclusive finance in the next five years.

The implementation opinions emphasize that a high-quality inclusive financial system will be basically built in the next five years, and efforts will be made to make basic financial services more popular, business entities to have more convenient financing, financial support for rural revitalization to be more powerful, financial consumer education and protection mechanisms to be more complete, and financial consumer protection mechanisms to be more complete. The goal is to make risk prevention and control more effective and the supporting mechanisms for inclusive finance to be more complete.

In recent years, my country’s inclusive financial development has achieved positive results. At present, banking institutions across the country cover 97.9% of towns and villages, basically realizing that every township has institutions, every village has services, and every household has an account. All towns and villages across the country have basically achieved full coverage of insurance services, and critical illness insurance has covered 1.22 billion urban and rural residents.

Reporter: Li Yanxia

Editor: Shen Wen

Design: Yin Yiru

Produced domestically by Xinhua News Agency

【Error correction】

[Editor in charge: Liu Xiaodong]

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