The State Administration of Financial Supervision is taking the lead in drafting local financial supervision and management regulations

Zhang Qijun, a first-level inspector of the Inclusive Finance Department of the State Administration of Financial Supervision, said that at present, the State Administration of Financial Supervision is focusing on promoting three key areas of work. First, focus on making up for the shortcomings of the system. "We are taking the lead in drafting local financial supervision and management regulations, and actively soliciting opinions from relevant departments to promote the introduction of the higher-level law as soon as possible." Zhang Qijun said that at the same time, combined with the characteristics and development laws of the leasing industry, optimize and improve the supporting regulatory policies to further promote the standardized and orderly development of financial leasing companies. The second is to guide the industry to actively serve the national development strategy. The third is to continuously optimize the development environment of the industry. (Shanghai Securities Report)