It is said that the relevant personnel of the General Office of the Municipal Party Committee and the General Office of the Municipal Government have carefully analyzed the research materials submitted by the People's Bank of China and captured an important information about ensuring social stability and implementing a harmonious project. After coordinating with the main leaders www.biquge.info of the municipal party committee and the deputy mayor in charge of Wu Sisi, they added reading instructions to the research materials in the name of the "two offices" and circulated and circled them among the cadres at or above the deputy city level (including veteran comrades at the deputy city level) to brainstorm and solicit opinions. Embark on measures to address potential financial risks.

An old comrade who was once in charge of the city's financial work said in a letter to the municipal party committee: "In SZ, a field of trial experience in opening up to the outside world, although we are walking on a road that our predecessors have not taken, all kinds of lessons and lessons will be intertwined, and some of them are still the tuition fees that should be spent on 'crossing the river by feeling the stones'. However, it is an important part of making up for the lack of feasibility studies in the early stage of the experiment to see whether the various systems, methods, and measures we are experimenting with are appropriate and successful, and whether they are conducive to the development and stability of society. In this sense, this article by the People's Bank of China is also a positive measure that has a good role in correcting and promoting the overall economic development of our city. It is suggested that the municipal party committee and the municipal government should raise the enterprising consciousness of protecting the excellent situation of reform, development, and stability, protecting the good image of the Shenzhen Special Economic Zone at home and abroad, and continuing to act as a vanguard, and properly handle the signs of problems that have emerged in the city's economic and financial fields under the new realistic conditions, properly handle the signs of problems that have emerged in the city's economic and financial fields under the new realistic conditions, effectively maintain social stability, and ensure the continued advancement of the cause of reform and opening up. ”

Some comrades saw the problem very profoundly, and their feedback was also to the point: "Judging from the development situation, not only SZ, but also other parts of the country have similar situations, and our task of defusing financial risks is very arduous. There are several most basic reasons for the formation of such a wide range, such a deep degree, and such a large amount of potential risks: First, the PBOC system has neglected supervision and control and has failed to bring into play the central bank's role in management, guidance, correction, and rectification, as well as its function of providing advance window guidance. Something went wrong and I was tired of coping. Second, governments at all levels or individual leaders, for different purposes, have used their public power to constantly exert pressure on banks and non-bank financial institutions to take loans and launch projects. As a result, leadership projects, performance projects, that is, garbage projects are overflowing, resulting in the loss of bank loans. Third, financial institutions themselves do not have proper business ideas, and operate in violation of regulations and in violation of laws for the interests of small groups, causing major risks. Fourth, the supervision of the financial institutions themselves is not effective, the institutional restraint mechanism has lost its effect, and the relevant personnel of the financial institutions have filled their own pockets, resulting in financial risks. ”

Some comrades also put forward suggestions on the establishment of institutions, the way of taking over business, the establishment of emergency response mechanisms, and the establishment of firewalls.

In order to form a broader consensus, the general office of the municipal party committee and the municipal government organized more than 30 experts, including economic experts, legal experts, scholars, some shareholders of financial service cooperatives, some business executives, and in-service senior financial managers, to participate in the policy seminar, and formed a decision-making intention for the reference of the municipal party committee and government when making decisions.

Subsequently, the municipal party committee and the municipal government clarified the following points in the form of decision-making opinions:

First, SZ's non-bank financial organizations, including rural credit cooperatives, urban credit cooperatives, financial service cooperatives, and trust institutions, have played and are still playing a positive role in the development of SZ together with major professional banks and commercial banks in Shenzhen's reform and opening up. Since SZ warmly welcomes and introduces domestic and foreign experience with open arms at all levels of society and economy, some problems have arisen in the implementation process of its own digestion in an immature environment. For example, in the practice of changing the interest rate policy from the original completely closed and directive premise to marketization, on the one hand, it seems that we are absorbing experience alive, and on the other hand, because it contradicts the current system, we are still half-covering our faces and semi-openly trying it out.

Second, the financial service cooperatives that have been established in Shenzhen have achieved success in attacking the old financial management system and in supporting the development of the five small economies and the individual and private economies, and have made historic contributions. However, because it is a self-contained system of individual legal entities, the current development has reached its bottleneck, and it is difficult to go further. On the other hand, the potential danger of financial service cooperatives affecting social stability in terms of risk resistance is prominent, and it is necessary for the government to explore the prospects of financial service cooperatives with shareholders and find new business structures and operating models.

Third, according to the work guidelines of the People's Bank of China Yinfa (1994) No. 186 "Circular on Printing and Distributing the Interim Provisions on Investment and Shareholding in Financial Institutions", it is possible to study and consider the use of surplus funds from the municipal treasury and the municipal investment management company to participate in and expand the shares of the city's financial service cooperatives, so that the financial service cooperatives system will gradually increase to the specified capital adequacy ratio, so as to effectively eliminate and resolve financial risks.

Fourthly, it is based on the starting point of respecting history and properly handling issues. In the process of the government taking the lead in organizing the new structure of the financial services society, it is necessary to fully take into account the concerns of all parties. It includes: the concern about the appreciation of the equity capital of the original shareholders, the concern of the original depositor about cashing in at high interest rates, the concern about the smooth transition after the establishment of the institution, the concern about the introduction of deposits at high interest rates to the gradual soft landing, and the problems caused by the general illegal lending in the original system, and the problem of handling the work of the new management team as a historical burden. In addition, the government should also appropriately support fiscal deposits and key government projects in the first few years before the establishment and operation of the new structure.

From the above core ideas, it is not difficult to see that the city leaders are highly concerned about the possible problems in the economic and financial fields of SZ, especially the related issues of the financial service society, and have provided considerable human, material and financial support.

On April 28, 1995, a takeover meeting was held in the Shenzhen Hall, attended by the shareholders and management teams of various financial service cooperatives. At the meeting, Wu Sisi, on behalf of the municipal government, officially announced the establishment of the Citizens Bank Preparatory Group, the main persons in charge of which were: Gu Dingli, Luo Yi, He Renyou, and Wu Qing.

Since then, under the atmosphere of the undercurrent of SZ's financial circles, the Citizens Bank has been in full swing to take over the people, finance, materials, assets and liabilities of various financial service cooperatives one after another. Of course, while taking over the assets and even intangible assets of each financial service cooperative, the Citizens Bank also took over the inherent problems of each financial service cooperative.

These questions, let you grow up with a three-inch tongue, and you don't eat or drink every day, you just talk about it non-stop, and it can't be finished in three years or two years.

The little one was just treated to a good friend and showed me a few volumes of files. Then, he took my hand, and the two big dark blue eyes emitted a burst of crystal light that was stronger than a while, as if asking me for help and expectation, and as if entrusting me with the trust of others, looking at me affectionately, he refused to turn his eyes, and urged me to fulfill his wish as a person who has studied for several years and can be said to be like half an intellectual. In the absence of a way, the little one obeyed the deep meaning expressed in this friend's eyes and helped the pen to become a writer.

It may be said that there is a destiny in the dark, and the small one didn't spend much energy, so he wrote this million-dollar long story like a ghost. Do you think, if you have the heart to dig it, wouldn't it be like the foreign girl who wrote "Harry Potter" to make an immortal masterpiece that if you can't move all living beings around the world, at least you have to make Chinese people all over the world fascinated?

Alas, the world is funny, it's really a trick!

It's really:

Qiankun is not big-chested, and the bad pen graffiti laughs at me crazy;

The water of the Mo Dao SZ River is shallow, and the fish watching is better than that of Kowloon Tong.