Second, we will step up the issuance of equity asset management products by supporting wealth management subsidiaries to increase the proportion 2/5  BIS central bankers' speeches  of equity products, trust companies to issue securities investment trust products and insurers to issue portfolio products. Third, we will promote in-depth cooperation between banks and fund companies as well as between banks and insurers.
Banks and their wealth management subsidiaries will be encouraged to enlist more eligible managers of public funds as partners. Research will be conducted on introducing policies concerning insurers’ investment in privately offered wealth management products and private equity funds. Fourth, we will guide commercial banks to advance the orderly disposal of non-standard non-performing assets, and encourage newly-established wealth management subsidiaries to increase securities investment.