At the meeting, Jeikiy, deputy director of the Banking Supervision Bureau of China Banking and Insurance Regulatory Commission, China, said that the policy of "housing without speculation" has been effectively implemented. China Banking and Insurance Regulatory Commission has continuously carried out special rectification of real estate loans in more than 30 key cities, intensified the investigation and punishment of down payment loans and consumer loans flowing into the housing market, and guided bank funds to focus on supporting affordable livelihood projects such as shantytown renovation and residents' reasonable demand for self-occupied housing. The balance of loans for affordable housing projects has steadily increased, and the tendency of real estate financialization and bubble has been effectively curbed.

In addition, the relevant person in charge of the China Banking Regulatory Commission said at the meeting that after rectifying the chaos in the banking market in recent years, major violations of laws and regulations and financial management violations in industries such as "Radish Chapter" have basically been eliminated. The awareness of self-improvement in the banking industry has increased. In 20 19, 80% of the problems found by self-inspection of banking financial institutions have been rectified, and the compliance system has been continuously improved.

According to reports, in the first eight months of this year, the banking industry increased RMB loans by 14.4 trillion yuan, an increase of 2.4 trillion yuan year-on-year. Loans are mainly invested in key areas such as manufacturing, infrastructure, scientific and technological innovation, small and micro, agriculture, rural areas and farmers. According to the relevant person in charge, in the first eight months of this year, the banking industry increased its provision by 1.4 trillion yuan, with a provision balance of 6.5 trillion yuan and a provision coverage ratio of 176.5%, which has a strong ability to resist credit risks.