According to recent financial news concerning the building of the "Two Zones", namely the Integrated National Demonstration Zone for Opening up the Services Sector and China (Beijing) Pilot Free Trade Zone, since the program was kicked off in September 2020, Beijing Office of China Banking and Insurance Regulatory Commission (CBIRC) has promoted the establishment of 18 branch- and company-level banking and insurance institutions, in addition to 32 new banking branches in the free trade zone.

As of the end of August 2021, Loan Renewal Center has completed loan renewals of CNY 33.4 billion in total, CNY 4.33 million per loan on average. First Loan Center has approved CNY 90 billion of loans in total, CNY 3.82 million per loan on average. The Ownership Financing Center and IPR Financing Center have both launched a variety of credit products to help small and micro enterprises obtain credit loans from banks.

CBIRC Beijing Office is reported to have been dedicating further efforts to "streamline administration and delegating power" in order to create a favorable business environment.

(Note: Content source is from Beijing Daily)