Recently, the Hubei Provincial People's Government issued the "Hubei Provincial Financial Industry Development" 14th "Planning" (hereinafter referred to as "planning").

"Planning" pointed out that the "14th Five-Year Plan" period is the first five years of Hubei Province to open a new socialist modernization of socialist modernization, "Building a fulcrum, walking in the forefront, and writing a new article" is also realized. At the critical period of financial high-quality development, we must implement three major tasks of service entity, deepen financial reform, prevent and control financial risks, enhance financial elements agglomeration and radiation capabilities, and promote economic financial synchronization, in order to promote the rise of the central region Important strategic fulcrum provides powerful financial support.

It is understood that the financial organization system in Hubei Province is constantly complete during the "13th Five-Year Plan" period. The province has formed banks, securities, insurance as complementation, local financial organizations as complement, traditional and emerging financial industries and financial organization system. As of the end of 2020, there were 167 local legal facilities such as banking industry, insurance industry, and securities futures and other places of Hubei Province. 12 national shareholding commercial banks gathered in Hubei, established the first private bank in the province - a border bank, introduced a group of domestic and foreign financial institutions such as Nanyang Commercial Bank to settle in Hubei.

During the "14th Five-Year Plan" period, Hubei Province will accelerate the construction of multi-level, wide coverage, different financial institutions, and create a full-license, all-state financial institutions, and improve financial institutional energy levels.

For the key projects of the financial system, "Planning" said, cultivating industry leading financial institutions, support local legal person financial institutions to introduce qualified strategic investors, promoting local legal party financial institutions such as Hubei Bank, Hankou Bank, Wuhan Farmers; Support Local Legal Bank Set up a financial subsidiary, actively promote the reform of the provincial rural credit association, and carry out the investment management township bank pilot.

According to Hubei Securities Supervision Bureau, as of the end of 2021, Hankou Bank and Hubei Bank were in the counseling period, and the counseling mechanism was Haitong Securities and CITIC Securities.