Li Yunze, Party secretary of the National Financial Regulatory Administration

The National Financial Regulatory Administration will increase financial support for new consumption and service consumption, as well as promote bulk consumption such as new energy vehicles and energy-saving home appliances.

The administration will strengthen financing guarantees for investment and support major project construction such as upgrading villages within mega-cities and public infrastructures.

The administration will improve foreign trade credit and export credit insurance services to help enterprises secure orders and expand their markets.

Moreover, the administration will continue to increase financial supply to advanced manufacturing, strategic emerging industries, and the transformation and upgrading of traditional industries, as well as give strong support to accelerating the development of a modern industrial system.