The CBRC pointed out that it is necessary to increase investment in the real economy and further improve the service level of the banking and insurance industries to the real economy. Previously, the China Banking Regulatory Commission issued a "Nine Letters" to further open up the monetary transmission mechanism, requiring banks to appropriately increase the proportion of medium and long-term loans to enterprises, and at the same time standardize bank lending behavior, requiring that loans should not be repaid through negotiation or mandatory terms. In addition, it also puts forward nine main contents, such as actively developing consumer finance and supporting the development of consumer credit, which are called "nine letters" by the industry.

According to the data released by the China Banking Regulatory Commission, as of the end of July, the loans of banking financial institutions increased by 12.4% year-on-year, and insurance funds provided financing for the real economy by more than 13 trillion yuan.

The China Banking Regulatory Commission said that by increasing support for key areas of the national economy, manufacturing loans have continued to grow positively since last year, infrastructure loans have increased by 9.9% year-on-year, agriculture-related loans have increased by 7.2% year-on-year, and the balance of poverty alleviation microfinance has reached 259.7 billion yuan, supporting 6.39 million households to set up cards, and the balance of green credit loans has exceeded 9 trillion yuan. In the insurance industry, the premium income of transportation insurance, liability insurance and agricultural insurance, which are closely related to economic and people's livelihood security, increased by 24%, 35% and 18% respectively.