At the press conference of the State Council Information Office held today, the heads of the People's Bank of China, the State Administration of Financial Supervision and Administration and the China Securities Regulatory Commission introduced the relevant situation of "a package of financial policies to support stabilizing the market and expectations", and answered questions from reporters. At the press conference, Li Yunze, Director of the State Administration of Financial Supervision, introduced that the State Administration of Financial Supervision will soon launch 8 incremental policies: firstly, accelerate the introduction of a series of financing systems that are compatible with the new model of real estate development, and help to continuously consolidate the stable situation of the real estate market. The second is to further expand the pilot scope of long-term investment of insurance funds and introduce more incremental funds into the market. The third is to adjust and optimize regulatory rules, further reduce the risk factors of insurance company stock investment, and support stable and active capital markets. The fourth is to launch a package of policies to support financing for small and micro enterprises and private enterprises as soon as possible, deepen and implement the financing coordination mechanism, and help stabilize enterprises and the economy. The fifth is to formulate and implement a series of policies and measures to safeguard the development of foreign trade in the banking and insurance industries, provide precise services to market entities that are greatly affected by tariffs, and fully assist in stabilizing operations and expanding markets. Sixth, revise and introduce the management measures for merger and acquisition loans to promote the acceleration of industrial transformation and upgrading. The seventh is to expand the entities initiating the establishment of financial asset investment companies to eligible national commercial banks and increase investment in science and technology innovation enterprises. Eighth, formulate opinions on the high-quality development of technology insurance, better play the role of risk sharing and compensation, and effectively provide strong guarantees for technological innovation. (New Society)