央行、证监会，系列重要消息发布！

Core Points - The 2025 Financial Street Forum Annual Meeting was held in Beijing, attended by leaders from the central bank and the securities regulatory commission, who announced several important messages [1] Group 1: Central Bank Announcements - The People's Bank of China (PBOC) will resume open market operations for government bonds, indicating a stable performance in the bond market [2] - The PBOC is researching and implementing policy measures to support personal credit repair, including a one-time personal credit relief policy for individuals with minor defaults who have repaid their loans, set to be executed early next year [4] - The PBOC plans to further optimize the digital RMB management system and support more commercial banks to become operational entities for digital RMB [5] - The PBOC will continue to combat domestic virtual currency operations and speculation, maintaining existing policies since 2017 and closely monitoring the development of overseas stablecoins [6] Group 2: Securities Regulatory Commission Announcements - The China Securities Regulatory Commission (CSRC) will initiate reforms to deepen the Growth Enterprise Market (GEM), establishing listing standards that better align with the characteristics of emerging industries and innovative enterprises [7] - The CSRC has officially launched the "Qualified Foreign Investor System Optimization Work Plan," which includes optimizing access management, improving investment operation efficiency, and expanding investment scope to provide a more transparent and efficient institutional environment for foreign investors [9]