Li Yunze: Further expand the pilot area for equity investment in financial asset investment companies

On March 5th, Li Yunze, director of the State Administration of Financial Supervision and Administration, said at the first "ministerial channel" concentrated interview activity of the third session of the 14th National People's Congress on March 5th that last year, the State Administration of Financial Supervision expanded the scope of the pilot of equity investment in financial asset investment companies to 18 cities across the country, and achieved positive results. The contracted amount has exceeded 350 billion yuan. This year, the State Administration of Financial Supervision plans to further expand the pilot area and allow more Financial Institution Groups to participate.