Liu he stressed that we should adhere to a prudent monetary policy, be flexible and moderate, and maintain policy stability. We should vigorously develop the multi-level capital market, adhere to the nine character policy of establishing system, non intervention and zero tolerance, and improve the quality of listed companies. We should build a multi-level banking system, speed up the optimization of the operation and development mode of large banks, and deepen the reform of small and medium-sized banks. We will resolutely resolve all kinds of risks. Pay attention to the role of financial technology. We will continue to promote all-round opening up and introduce more high-level international competitors. After the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China, the financial system will conscientiously implement the recommendations of the 14th five year plan and promote a new round of development, reform and opening up. Under the current situation, it is very important to strengthen international cooperation. We must establish a strong sense of community of common destiny for mankind, strengthen cooperation in response to the epidemic situation, and promote the steady recovery of the global economy. We should support Beijing in building a highland of financial reform and opening up, and play an exemplary and leading role in promoting the virtuous circle of science and technology, finance and industry, and promoting the construction of a new development pattern.