Xiangyang City's leaders visited the provincial government's Financial Affairs Office and some provincial financial institutions. On February 27th and 28th, Fu Zhenbang, city committee standing committee member and vice mayor, led the municipal government's Financial Affairs Office and relevant financial institution directors to visit the provincial government's Financial Affairs Office, Industrial and Commercial Bank of China (Hubei Branch), Agricultural Bank of China (Hubei Branch), Construction Bank of China (Hubei Branch), Wuhan Branch of CITIC Bank, and Hubei Bank.
Fu Zhenbang expressed his gratitude for the long-term support from the provincial government's Financial Affairs Office and financial institutions, and introduced the socio-economic development situation in Xiangyang.
Deputy Director of the Provincial Financial Affairs Office, Liu Meipin, stated that from the perspective of development trends, phases, cycles, and current industrial structure, Hubei, especially Xiangyang, is already in a stage of accelerated development. Xiangyang has significant advantages in terms of industrial foundation, transportation, and resources, which bring more opportunities for the development of various financial institutions and enterprises. As an important part of Hubei's "one main two auxiliary" strategic deployment, the provincial Party Committee and provincial government attach great importance to Xiangyang's development. The provincial Financial Affairs Office fully supports the development of Xiangyang's financial industry, actively promotes the implementation of all commitments made by provincial financial institutions to Xiangyang, gives Xiangyang more preference in introducing banks, securities companies, insurance companies and other financial institutions, and cultivating guarantee and micro-loan companies and other financial institutions; supports Xiangyang in strengthening its ties with stock exchanges and the provincial securities regulatory department, and accelerating the listing process of Xiangyang enterprises; supports the construction of a financial business district in Dongjin New Town, promoting the construction of Xiangyang's regional financial center.
The responsible persons of the interviewed provincial financial institutions indicated that they will continue to support Xiangyang's development. They will give Xiangyang more preference in credit scale, appropriately relax the control of deposit-loan ratio indicators in Xiangyang, prioritize the consideration of piloting new financial products in Xiangyang when promoting financial innovation, actively cooperate in the construction of the financial business district in Dongjin New Town, and provide intellectual support in terms of financial talent.
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