潘功胜：做好房地产金融宏观审慎管理工作

Core Viewpoint - The speech by the Governor of the People's Bank of China emphasizes the importance of establishing a comprehensive macro-prudential management system to enhance risk prevention measures in key institutions and sectors [1] Group 1: Macro-Prudential Management System - The construction of a comprehensive macro-prudential management system is being accelerated [1] - There will be improvements and strengthening of risk prevention measures for key institutions and sectors [1] - The additional supervision of systemically important banks will be reinforced, utilizing counter-cyclical capital buffers and recovery and resolution plans [1] Group 2: Financial Market Stability - The central bank's role in maintaining financial market stability will be expanded through macro-prudential management [1] - Attention will be focused on the leverage levels and maturity mismatches of financial institutions to prevent the accumulation of liquidity and interest rate risks [1] - Measures will be taken to curb the "herd effect" in financial markets [1] Group 3: Financial Infrastructure and Cross-Border Capital - The regulation of financial market infrastructure will be improved, establishing liquidity risk constraints and support mechanisms for central counterparties [1] - Continuous enhancement of macro-prudential management of cross-border capital flows will be implemented, with counter-cyclical adjustments as necessary to maintain overall stability [1] Group 4: Real Estate Financial Management - Macro-prudential management of real estate finance will be prioritized, with the establishment of a robust analytical framework for real estate finance [1] - The foundational systems for real estate finance will be optimized [1]