other laws that support financial development and reform should be amended so as to protect both the creditor and the debtor. the revision of the criminal law should also reflect the current social environment so as to highlight criminal sanctions on corporate crime and the investigation of individual criminal liability. second, we should stick to the protection of the interest of the depositor, investor and creditor. protecting the interest of depositors of financial institutions and the interest of investors in financial products is always an important factor in the maintenance of the reputation of financial institutions. our present task is to study the fundamental legal relationship in the financial sector and to standardize the legal relationship concerning financial innovation products. while approving innovation products, financial supervisory bodies should work hard to protect such lawful rights of the investors as the right to know and the right to receive due return. we should step up our efforts in improving the insolvency law. under the basic principles of the insolvency law, we should formulate, while taking into consideration the unique features of bankruptcy of financial institutions, the regulations on the bankruptcy of financial institutions. we should also establish and improve the financial safety network and formulate a series of supporting laws and regulations such as the regulations on deposit insurance and the rules on administration of the securities investor protection fund. third, we should stress both self - discipline and external discipline. in drafting laws concerning financial supervision, we should stress the importance of a sound and complete mechanism for corporate governance by such players as commercial banks, brokers and listed companies. while emphasizing the self - discipline of financial institutions, we should also guarantee the autonomy of these institutions in their operation and leave sufficient room for their future development. fourth, we should raise the public awareness of financial risks and rules, which is one of the most effective methods for preventing financial risks and ensuring financial safety. during the process, we should foster the extensive publicity of credit culture, increase the awareness of risk prevention among the public and investors, and preach the virtues of lawful investment.

by way of setting up risk funds and developing rural insurance so as to incentivise financial institutions to support balanced development in urban and rural areas. further efforts should be made to improve the financial environment in rural - urban fringe, strengthen the financial law system, accelerate the program of creditworthy rural households, villages and towns and improve financial literacy of farmers. second, guide social funds to support agricultural development in an innovative manner. the pbc will support eligible agro - linked enterprises to get listed. efforts will be made to guide informal lending, standardize such practice by improving incentive, discipline and exit mechanisms so as to improve financial services to low and middle - income rural residents and impoverished population. third, set up an inter - ministerial cooperation mechanism. fiscal policies, taxation policies and rural financial policies should be coordinated effectively by setting up a market - based long - term agriculture supporting mechanism supported by the government. the agricultural development bank of china, abc, rccs, postal savings bank and other agro - linked financial institutions should have various focuses in their business when expanding agrolinked credit, in order to optimize the allocation of financial resources. we should conduct in - depth analysis on diversified needs of financial services in rural areas to develop an optimal profit pattern for agro - linked enterprises, have in place effective risk prevention measures, innovate financial products and services tailored for actual needs in rural areas, rationalize working process, train a professional team to provide financial support for agriculture which combines both direct and indirect financing, integrates the strengths of the banking, insurance and securities sectors and features active participation of private capital. i wish the forum a complete success. thank you!