On the afternoon of January 31, CPC Jiangsu Provincial Committee and the Provincial Government held the lunar New Year symposium of the provincial financial institutions in Nanjing. Party Secretary Liang Baohua and Governor Luo Zhijun gather together with head of financial institutions to usher in the 2010 spring festival, send greetings to each other and make plans for common development. Executive Vice Governor Zhao Kezhi chaired the symposium.

        In 2009, in the face of the severe challenges of the global financial crisis, the financial sector steadily and effectively implemented the relatively easy monetary policy and the policies and arrangements of the provincial committee and the provincial government and achieved prominent results. An additional loan of domestic and foreign currency hit 976.6 billion yuan, an increase of 36%. 15 additional companies were listed at home and abroad. They issued and refinanced 27 billion yuan in the stock market, issued corporate bonds worth 43.1 billion yuan, short-term financing bills and middle term notes worth 16.3 billion yuan, over one fold increase in the direct financing year-on-year. The premium income reached 90.7 billion yuan, an increase of 17%. An additional four headquarters of financial institutions and 430 odd branches were established. An additional six town and village banks and 77 micro loan rural companies were set up. The financial operation quality was further improved in that the non-performing loan of the banking sector by the end of the year hit 1.86%, a drop of 0.82% from the beginning of the year level.