The State Financial Supervision and Administration held an expanded meeting. The meeting emphasized effective prevention and mitigation of risks in key areas. Promote risk management, transformation and development of local small and medium-sized financial institutions in an integrated manner, and comprehensively adopt methods such as supplementary capital, mergers and restructuring, and market exit to classify and mitigate risks. Continue to promote the expansion and efficiency of urban real estate financing coordination mechanisms, and resolutely do a good job of securing housing delivery. Accelerate the formulation and introduction of a financing system compatible with the new model of real estate development. Cooperate to replace hidden debts of local governments.