Core Insights - The meeting emphasized the importance of implementing the spirit of the 20th Central Committee's Fourth Plenary Session, focusing on the strategic design for the next five years and the significance of the "14th Five-Year Plan" [1][2] Group 1: Economic and Financial Stability - The People's Bank of China (PBOC) has introduced a series of monetary policy measures to maintain liquidity and support the stability of financial markets, including the stock, bond, and foreign exchange markets [1][2] - Over the past five years, China's economy has maintained strategic stability and high-quality development despite complex international conditions, achieving significant historical accomplishments [1][2] Group 2: Financial System Reforms - The meeting highlighted the deepening of financial system reforms under the strong leadership of the Central Committee, enhancing the financial service quality to the real economy and improving the international competitiveness of the financial sector [2][3] - A scientific and prudent monetary policy framework will be established, balancing short-term and long-term goals, and ensuring the health of the financial sector while supporting economic growth [3][4] Group 3: Risk Management and Financial Stability - A comprehensive macro-prudential management system and mechanisms for systemic financial risk prevention and resolution will be developed, focusing on monitoring, assessment, and early warning of systemic risks [4] - The PBOC will work with relevant departments to support local small financial institutions and manage risks in local government financing platforms and the real estate market [4][5] Group 4: Financial Sector Development - The meeting called for the continuous deepening of supply-side structural reforms in finance, focusing on technology finance, green finance, inclusive finance, pension finance, and digital finance to enhance the adaptability of financial services to the real economy [4] - The PBOC aims to promote high-level financial openness while safeguarding national financial security, including advancing the internationalization of the Renminbi and enhancing cross-border payment systems [5]
中国人民银行:维护股市债市汇市等金融市场平稳运行
Zheng Quan Ri Bao·2025-10-24 18:04