Since the outbreak of COVID-19, finance has played an important role in supporting the prevention and control of the epidemic as well as economic and social development. The CPC Central Committee and the State Council have successively introduced a number of policies and measures to promote the prevention and control of the epidemic as well as economic and social development in a coordinated way. These actions obtained positive results.The essence of finance is to serve the real economy. To strengthen the real economy, we need to deepen economic and financial reform and make the economy and finance more attractive and coordinated with each other. The focus of deepening financial reform is to optimize the financial structure. Maintaining steady economic growth while effectively preventing and defusing financial risks is an important goal of deepening financial supply-side structural reform.Since the reform and opening up, our Party and government have attached great importance to financial security. To safeguard financial security, the most fundamental and core task is to guard against and defuse financial risks. Internationally, the global epidemic has not been effectively brought under control, and the global capital market is still unstable. Domestically, attention needs to be paid to the potential risks of rising leverage. To prevent and defuse financial risks, we need to rely on strict financial supervision in the short term and economic transformation and upgrading in the long term.
