FINANCIAL STREET(SZ:000402) Xin Hua She·2025-10-27 19:14Core Insights - The 2025 Financial Street Forum highlighted significant policy signals from key financial management officials in China [3] Group 1: Monetary Policy and Financial Management - The People's Bank of China (PBOC) is accelerating the establishment of a comprehensive macro-prudential management system and maintaining a moderately loose monetary policy [4] - The PBOC plans to enhance the management system for digital currency and support more commercial banks to operate digital currency businesses [4] - A one-time personal credit relief policy is being studied, which will not display certain overdue information in credit systems for individuals who have repaid loans below a specified amount since the COVID-19 pandemic [5] Group 2: Financial Reform and Development - The head of the National Financial Supervision Administration emphasized the importance of improving economic and financial adaptability and deepening reforms [6][7] - The China Securities Regulatory Commission (CSRC) will initiate reforms in the Growth Enterprise Market to better align listing standards with the characteristics of emerging industries [9] - A new financial service model will be developed that balances direct and indirect financing, and aligns financing terms with industrial development [10] Group 3: Capital Market and Investor Protection - The first batch of newly registered companies in the Sci-Tech Innovation Board is expected to go public soon [11] - The CSRC plans to enhance the protection of small investors in the capital market through new policies [11] - The PBOC is set to introduce nine new policies to facilitate trade and expand the scope of high-level cross-border trade openness [12]