In order to promote the sustained and healthy development of the financial industry in the region, build an institutional mechanism for finance to effectively support ecological priority and green development, accelerate the formation of a regional modern financial system with high adaptability, competitiveness, inclusiveness and Inner Mongolia characteristics, and better serve the strategic positioning of "two barriers", "two bases" and "one bridgehead", This plan is formulated in accordance with the spirit of the 14th five year plan for national economic and social development of Inner Mongolia Autonomous Region and the outline of long-term objectives for 2035 and in combination with the actual situation of the autonomous region.
Chapter I development basis
Section I review of the development of the financial industry in the 13th five year plan
During the 13th Five Year Plan period, the region's financial system conscientiously implemented the decisions and arrangements of the CPC Central Committee and the State Council and the work requirements of the Party committee and the government of the autonomous region. Closely focusing on the three major tasks of serving the real economy, preventing and controlling financial risks and deepening financial reform, the region's financial system concentrated its efforts, rose to the difficulties, took the initiative and served ahead, further enhanced the ability of financial services to the real economy and continued to expand the scale of the financial market, The continuous improvement of the strength of financial institutions, the deepening of financial opening to the outside world, the stable disposal of financial risks and the continuous optimization of the financial ecological environment have provided a solid financial guarantee for promoting the high-quality development of Inner Mongolia.
The overall financial strength was further strengthened. During the 13th Five Year Plan period, the proportion of the added value of the financial industry in the region's GDP increased from 4.8% in 2015 to 5.1% in 2020, further improving its contribution to economic and social development. The scale of deposits and loans in the banking industry has increased steadily. The RMB deposit balance of financial institutions in the region has increased from 1.8 trillion yuan at the end of 2015 to 2.5 trillion yuan at the end of 2020, with an average annual growth rate of 6.79%; The loan balance increased from 1.7 trillion yuan to 2.3 trillion yuan, with an average annual growth rate of 6.23%. The premium income of the insurance industry continued to grow, from 39.55 billion yuan at the end of 2015 to 74 billion yuan at the end of 2020, with an average annual increase of 13.35%. Positive progress has been made in utilizing the capital market. In 2020, the scale of direct financing exceeded 200 billion yuan, reaching 264.35 billion yuan, accounting for an increasing proportion of social financing scale year by year. During the 13th Five Year Plan period, one new company was listed in Hong Kong and one company entered the first batch of selected layers of the new third board in China. By the end of 2020, there were 26 domestic listed companies, 6 Hong Kong listed companies and 50 new third board listed companies in the region.
