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Pan Yinhao emphasizes further and better development of the “Finance Supermarket” for nurturing local brands at the Yuyao “Finance Supermarket” Unveiling Ceremony & Promotion Conference for Its Further Development
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Yesterday afternoon, the Yuyao “Finance Supermarket” Unveiling Ceremony & Promotion Conference for Its Further Development was held. Pan Yinhao, Vice Secretary of the Yuyao Municipal Party Committee and the Mayor of the Yuyao City, attended the conference and emphasized further and better development of the “Finance Supermarket” for developing local demonstration brands under the finance service system for micro, small and medium enterprises in Yuyao. Other leaders of Yuyao, including Xue Xiaowei and Chen Yanan, participated in the conference.

Pan Yinhao pointed out that the “Finance Supermarket”, the first cunty-level finance service platform based on an urban big data platform in Zhejiang Province, is launched for helping enterprises to solve problems on financing and is a strong measure for developing a digital government and for the development digital economy. It is of great importance for improving effectiveness of credit loans of finance institutions, helping micro and small enterprises thrive and promoting high quality economic development.

For the next step, Pan Yinhao emphasized that the “Finance Supermarket” be developed with high standards and into a most extensive, intelligent and cutting-edge one for meeting the finance needs of enterprises and a large platform with many products of finance institutions, that experiences and measures be taken for other cities’ learning, that operations be efficient and high-quality, focusing on three segments: simple operation, diversified products and low threshold, so as to realize efficient docking and high-quality cooperation between enterprises' financing demand and the supply of financial products, and to build a favorable financial ecology, that high-level and standard supervision be available for further strictly guarding against credit risk, information risk and platform risk and for truly realizing the safe operation of the “Finance Supermarket”, that the application be of high frequency and popularized, that by further promoting the "Finance Supermarket", more "buyers" and "sellers" should be involved so as to continuously improve the awareness rate, registration rate and success rate, and that interactions and coordination are highly required, especially that the Finance Office take the lead and coordinate with relevant departments and deploy tasks for local villages, towns and sub-district to carry out so as to realize a win-win situation among “government institutions, banks, enterprises and insurances” and to develop the “Finance Supermarket” into a major carrier for gathering together of financial resources and for cooperation between banks and enterprises.

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