Core Viewpoint - The "14th Five-Year Plan" period has been significant for China's financial risk prevention and resolution, with a focus on reducing the number of high-risk financial institutions and enhancing the financial stability framework [1][3][10]. Group 1: Financial Institution Reform - As of June 2025, the number of financial institutions participating in deposit insurance has decreased to 3,554 from 4,025 at the end of 2020, indicating a trend of consolidation and reduction in the number of small banks [1]. - The reform of small and medium-sized banks has accelerated, with significant efforts in capital replenishment, restructuring, and market exit strategies [4][10]. - Since 2022, ten provinces have established new provincial-level rural commercial banks or cooperative banks, following a "one province, one policy" approach to address regional small bank risks [5][6]. Group 2: Risk Management and Financial Stability - The "14th Five-Year Plan" emphasizes the need to prevent and resolve shadow banking risks and to orderly handle high-risk financial institutions, particularly focusing on small banks [2][4]. - The number of high-risk financial institutions has halved since the peak in Q3 2019, with a notable concentration in rural credit institutions and village banks [3][4]. - By the end of 2023, 3,579 out of 3,936 evaluated banks were rated within a safe boundary, with high-risk institutions reduced by nearly 300 from peak levels [4]. Group 3: Future Outlook and Recommendations - The upcoming "15th Five-Year Plan" will focus on integrating risk resolution with the transformation of local small financial institutions, highlighting the importance of both aspects [10][12]. - Recommendations for improving the situation include enhancing the role of small banks, implementing differentiated regulation, and supporting their capital strength and service capabilities [13]. - The establishment of a financial stability guarantee fund and improvements in the deposit insurance system are crucial for effective risk management and prevention of systemic financial risks [7][14][15].
金融风险防范化解五年迈一大步 “十五五”如何兼顾化险与发展|“十四五”规划收官
Di Yi Cai Jing·2025-08-26 15:53