The Shenzhen Local Financial Administration and the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission issued the “Shenzhen Action Plan on Leveraging the Role of the Capital Market to Build an Industrial Finance Center” to create first-class investment banks and investment institutions, and do a good job in finance “five major articles”. Support leading institutions to become better and stronger through mergers, acquisitions and restructuring, organizational innovation, etc., and encourage differentiated development and characteristic management of small and medium-sized institutions. Strengthen investment banking business supervision based on the “quality of listed companies”, promote securities companies to improve internal control systems, and improve the quality of practice. Guide leading securities companies to develop overseas business in an orderly manner, support enterprises to make good use of “two markets” and “two resources”, and enhance international influence. Promote investment institutions to enhance their core investment and research capabilities and optimize resource allocation. Investment institutions are urged to explore product innovation from the starting point of meeting residents' wealth management needs, carry out further digital transformation, and promote the high-quality development of inclusive finance. Support investment institutions to make good use of investment management qualifications such as social security funds, pensions, and annuities to attract medium- to long-term capital to enter the market. Actively promote the personal pension business in Shenzhen, and support medium- to long-term funds such as pensions and insurance funds to accelerate the development of equity investment.

The Shenzhen Local Financial Administration and the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission issued the “Shenzhen Action Plan on Leveraging the Role of the Capital Market to Build an Industrial Finance Center” to create first-class investment banks and investment institutions, and do a good job in finance “five major articles”. Support leading institutions to become better and stronger through mergers, acquisitions and restructuring, organizational innovation, etc., and encourage differentiated development and characteristic management of small and medium-sized institutions. Strengthen investment banking business supervision based on the “quality of listed companies”, promote securities companies to improve internal control systems, and improve the quality of practice. Guide leading securities companies to develop overseas business in an orderly manner, support enterprises to make good use of “two markets” and “two resources”, and enhance international influence. Promote investment institutions to enhance their core investment and research capabilities and optimize resource allocation. Investment institutions are urged to explore product innovation from the starting point of meeting residents' wealth management needs, carry out further digital transformation, and promote the high-quality development of inclusive finance. Support investment institutions to make good use of investment management qualifications such as social security funds, pensions, and annuities to attract medium- to long-term capital to enter the market. Actively promote the personal pension business in Shenzhen, and support medium- to long-term funds such as pensions and insurance funds to accelerate the development of equity investment.