People's Bank of China: Actively and prudently address financial risks in key areas and orderly reduce existing risks

Golden Finance reports that on March 27, the People’s Bank of China recently convened the 2026 Financial Stability Work Meeting. The meeting required that in 2026, financial stability work should adhere to political guidance, strengthen theoretical armament, establish and practice the correct view of political achievements, deeply integrate Party building with business operations, and ensure that the financial stability work in the “Fifteenth Five-Year Plan” period starts at a high standard and is advanced with high quality. We will continuously improve a systemic financial risk prevention, mitigation, and resolution framework, and drive the work of empowering the work with technology to go deeper and become more effective, strengthening financial risk monitoring, assessment, early-warning, and early correction, and steadily curb incremental risks. We will adhere to market-oriented and rule-of-law principles, and actively and prudently dispose of financial risks in key areas, orderly reducing existing risk levels. We will deepen reforms of key financial institutions and promote efforts across multiple channels to increase capital replenishment. We will enhance financial risk prevention and control capabilities under an open development framework, and safeguard national financial security. We will strengthen the financial stability support system, enrich risk disposal resources and tools, and resolutely uphold the bottom line of preventing systemic financial risks. (People’s Bank of China)