[Hangzhou, Zhejiang: Support mergers, acquisitions and reorganizations of securities companies to create first-class investment banks and investment institutions] On September 1, the "15th Five-Year Plan for the Development of the Financial Industry in Hangzhou (Draft for Comment)" was publicly solicited for opinions. It is mentioned in it that we should seize the opportunities of the comprehensive reform of capital market investment and financing and strengthen the cluster of high-quality professional service institutions. Focus on the development of securities, futures, fund management, valuation accounting, fund evaluation, currency brokerage, consulting information and other service institutions, introduce accounting and auditing, legal services, asset evaluation and other intermediary institutions, and support credit rating agencies to operate in Hangzhou. Build a first-class investment bank, promote securities companies in Hangzhou to improve their internal control systems and improve their professional quality; and support the high-quality development of financial institutions in Hangzhou. Give full play to the main role of large state-owned commercial banks and enhance their ability to serve the real economy. Promote insurance institutions to become specialized and refined, and insurance intermediaries to achieve quality improvement and quantity reduction development. Support mergers, acquisitions and reorganizations of securities companies to create first-class investment banks and investment institutions.