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Since 2015 Zhejiang province’s financial system has fully committed to refine the combined strategy of “Ensurance, Reformation, Innovation, Development and Protection”，continuing to enhance the financial service capability in support of industrial economy, and further solidify Zhejiang’s position as one of the most influential provinces finance-wise.
In the recent 2016 Zhejiang Finance Work Meeting, ZSVC was awarded by the government of the Zhejiang province “the 2015 Most Innovative entity for Financial Institution Reform”, citing its outstanding contribution to the economy and societal development, as well as financial institution reform innovation.
Background
The financial system of Zhejiang province has attained significant achievement, including improving the financial industry’s impact on the overall economy growth, expanding the scale of direct financing, enhance the critical areas in remodeling and upgrading such as “simultaneous treatment of five water”,“three reforms and one demolish”, seven industries, and featured towns, as well as providing financial ensurance to typically weak areas such as three rural issues, small businesses, deepening innovation in district financial reforms, helping the share merger reform and IPO of businesses, and the associated risk mitigation.
After appraisal and evaluation, the government has agreed to the following lists of exemplar entities for supporting Zhejiang’s economic and societal development, and the 15 financial entities for innovation in financial institution reform.
