To comprehensively deepen the reform of resource tax and expand the scope of ad valorem levy. We will thoroughly carry out reform of large financial institutions in which the state holds the controlling stake, ensure orderly development of small financial institutions, and improve the systems and mechanisms that serve small and micro businesses as well as agriculture, rural areas and farmers. We will implement new oversight and supervision standards for the banking industry, work toward establishing a deposit insurance system, and deepen the refor. Promote the implementation of new banking regulatory standards. We will promote the establishment of a deposit insurance system. We should deepen the reform of policy oriented financial institutions. We will improve and perfect the IPO system and delisting system, and enhance investor returns and rights protection. We should actively develop the bond market. We will push forward the reform and development of the insurance industry. Deepening interest rate marketization reform.

Comprehensive consideration economic growth In line with the price trend, we should adjust the supply of money and credit in line with the requirements of moderate and prudent flexibility, and maintain a reasonable growth in the scale of social financing. Efforts should be made to optimize the credit structure, strengthen the support for the national key construction projects and the construction of affordable housing projects, and strengthen the support for enterprises that meet the industrial policy and market demand, especially small and micro enterprises. Strengthen post loan management, so that credit funds can better serve the real economy. We should establish and improve a systematic financial risk prevention and supervision coordination mechanism, strengthen cross-border capital flow monitoring, and promote the standardized development of private lending.

Wen Jiabao, premier of the State Council, at the five session of the eleven National People's Congress in March 5th, put forward the need to further reform the key areas. With greater determination and courage, we will continue to comprehensively promote reforms in the economic and political systems, and solve problems in development.

He pointed out that the present and future period Reform Key areas and key links are: further spanforming the functions of the government, perfecting the macroeconomic regulation and control system, straightening out the relationship between the government and the market, giving full play to the basic role of the market in allocating resources, promoting the reform of the fiscal and taxation system, rationalizing the relationship between the central and local governments at various levels, better mobilizing the two initiatives of the central and local governments, deepening the reform of land, household registration and public services, straightening out the relationship between urban and rural areas, promoting the coordinated development of industrialization, urbanization and agricultural modernization, promoting the reform of social undertakings and income distribution, rationalizing the relationship between economic and social development, effectively ensuring social fairness and justice, promoting the administration of law and social management innovation, straightening out the relationship between the government and the citizens and social organizations, and building services, responsibilities, the rule of law, and clean government. Of

Government work report

Falling ink capital market

In 2012, we should improve and perfect the IPO system and delisting system, and strengthen investors' return and protection of rights and interests. We should actively develop the bond market. We will push forward the reform and development of the insurance industry. Deepening interest rate marketization reform. We should steadily push forward RMB capital account convertibility and expand the use of RMB in cross-border trade and investment.

In 2011, we should increase the proportion of direct financing and give full play to the role of financing instruments such as stocks, bonds and industrial funds, so as to better meet diversified investment and financing needs. We should further improve the RMB exchange rate formation mechanism. Closely monitor cross border capital flows and prevent "hot money" inflow.

2010: active expansion Direct financing 。 We should improve the multi-level capital market system, expand the scale of equity and bond financing, and better meet the diversified investment and financing needs. We should explore a macro Prudential management system, strengthen effective monitoring of cross border capital flows and guard against all kinds of financial risks.

2009: promote the reform of the capital market and maintain the stability of the stock market. Developing and standardizing the bond market. We will steadily develop the futures market. We should deepen the reform of the insurance industry and give full play to the functions of insurance protection and financing. Advancing interest rate marketization reform. We should improve the RMB exchange rate formation mechanism and keep the RMB exchange rate basically stable at a reasonable and balanced level.

In 2008, we should optimize the structure of the capital market, promote the stable and healthy development of the stock market, strive to improve the quality of listed companies, maintain an open and fair market order, set up a growth enterprise market, accelerate the development of the bond market, and steadily develop the futures market.