Local Government Special Bonds used to support the development of small and medium-sized banks increase their ability to serve the real economy by injecting capital into banks. Under the guidance of the active policies，the scale of special bonds reached 210 billion RMB，supporting 315 small and medium-sized banks in 20 provinces（autonmous regions and municipalities）to supplement capital. In the future，we will continue to pay attention to the repayment and timely exit mechanism of special bonds used to support small and medium-sized banks development，and give full play to the positive role of special bonds in promoting the improvement of governance and enhancing the ability of sustainable operation of small and medium banks.