The People's Bank of China stated that it is actively and steadily preventing and mitigating financial risks. Establish a comprehensive macroprudential management system and improve systemic financial risk prevention and treatment mechanisms. Expand and enrich the central bank's macroprudential and financial stability functions, enrich and improve the toolbox, strengthen the implementation of two monetary policy tools to support the capital market, make good use of the convenience of large redemptions and swaps between non-banks in the bond market, and maintain the smooth operation of financial markets such as stocks, bonds, and foreign exchange. Strengthen financial risk monitoring, assessment and early warning, and strengthen the investigation and judgment of systemic financial risks. Promote the improvement of early financial risk correction mechanisms with hard restrictions, and promote an orderly link between early correction and risk management. Strengthen macroprudential management of systemically important financial institutions, further promote the construction of additional supervision systems, and steadily expand the coverage of additional supervision to the non-banking sector.

Zhitongcaijing · 2d ago
The People's Bank of China stated that it is actively and steadily preventing and mitigating financial risks. Establish a comprehensive macroprudential management system and improve systemic financial risk prevention and treatment mechanisms. Expand and enrich the central bank's macroprudential and financial stability functions, enrich and improve the toolbox, strengthen the implementation of two monetary policy tools to support the capital market, make good use of the convenience of large redemptions and swaps between non-banks in the bond market, and maintain the smooth operation of financial markets such as stocks, bonds, and foreign exchange. Strengthen financial risk monitoring, assessment and early warning, and strengthen the investigation and judgment of systemic financial risks. Promote the improvement of early financial risk correction mechanisms with hard restrictions, and promote an orderly link between early correction and risk management. Strengthen macroprudential management of systemically important financial institutions, further promote the construction of additional supervision systems, and steadily expand the coverage of additional supervision to the non-banking sector.