On the threshold of the New Year, Chairman Shang Fulin, Vice Chairman Cai Esheng, Vice Chairman Guo Ligen and Assistant Chairman Yan Qingmin paid new year’s visit to the staff of Beijing-based banking institutions on behalf of the CBRC. Chairman Shang Fulin stressed that banking institutions should follow the guidance outlined by the Central Economic Work Conference, strengthen risk control, and improve financial services to the real economy especially to the small-and-micro enterprises.

On December 26th, Chairman Shang Fulin, Vice Chairman Guo Ligen and Assistant Chairman Yan Qingmin visited China Government Securities Depository Trust & Clearing Co.，China Huarong Asset Management Corporation, China Orient Asset Management Corporation, China Great Wall Asset Management Corporation, China Cinda Asset Management Co., Ltd and China Minsheng Banking Corporation and extended New Year greetings. Shang Fulin pointed out that in the year of 2011, under the correct leadership of the CPC Central Committee and the State Council, banking institutions adhered to the scientific outlook on development, conscientiously implemented macro-control measures, improved financial services, optimized credit structure, enhanced risk management, maintained safety and soundness of the banking sector while guarding against potential risks. He acknowledged the achievements made in recent years. He said that the market changes and reforms have brought new opportunities and challenges to these companies. Thus, special attention should be given to risk prevention and control, and risk management capabilities need to be enhanced. Furthermore, professional training and human resources development is also essential to business growth and the enhancement of the management capability to meet the changing market demand.

At China Minsheng Bank, Shang stressed the service of banking sector to the real economy. Banking institutions need further optimize credit structure, improve financial services, ensure the credit orderly flow to the real economy and support the economic restructuring. More importantly, the banking sector needs to lend more support to the small-and-micro enterprises, strengthen industry research, and make innovations on products and services.

On the same day, Vice Chairman Cai Esheng visited the SDIC Trust Co.,Ltd and HuaLian Finance Co.,Ltd and extended New Year greetings.