Recently, the first approved the "Work Plan for Supporting Beijing to Deepen the Construction of a Comprehensive Demonstration Zone for the Expansion and Opening-up of the National Service Industry" (hereinafter referred to as the "Plan"). The plan proposes that in terms of optimizing the financial service model and management means, under the premise of controllable risks, overseas insurance companies will be supported to directly initiate the establishment of insurance asset management companies in Beijing.
In the field of financial services, the Plan proposes to explore and support insurance asset management companies to issue RMB-denominated asset management products of a reasonable scale overseas under the premise of account independence and risk isolation. Support venture capital and equity investment institutions to carry out market-oriented cooperation with various financial institutions, and provide financing services for invested enterprises in accordance with laws and regulations. Under the premise of controllable risks, explore the establishment of a trust property registration mechanism for real estate, equity, and so forth as trust property.
In terms of promoting the development of a green, low-carbon and circular economy in financial services, the Plan proposes to enhance the capacity of green finance professional services such as green credit and green insurance. Promote the trading of various green assets, including voluntary greenhouse gas emission reduction trading. Support Beijing to explore the formulation of environmental, social and governance (ESG) evaluation standards, and support enterprises to voluntarily follow the principles of corporate social responsibility in the environmental field that are consistent with internationally accepted standards and guidelines.
In terms of building a system for the transformation and application of innovative achievements, the Plan proposes to build an intellectual property evaluation mechanism with the participation of banks, insurance companies, guarantee companies and professional service institutions. Explore and optimize intellectual property financing models, deepen the construction of intellectual property insurance service systems, and encourage insurance institutions to expand overseas intellectual property insurance and other services.