FINANCIAL STREET(SZ:000402) Xin Hua Cai Jing·2026-01-06 16:13Core Viewpoint - The People's Bank of China (PBOC) held a work meeting to summarize 2025's achievements, analyze the current economic situation, and plan for 2026, emphasizing the need for monetary policy support for economic stability and financial market operations [1][2]. Group 1: Key Work Areas for 2026 - The PBOC will continue to promote strict governance within the party, focusing on implementing Xi Jinping's directives and enhancing the effectiveness of central inspection rectification [2]. - A moderately loose monetary policy will be maintained, with an emphasis on promoting high-quality economic development and reasonable price recovery, utilizing various monetary policy tools to ensure sufficient liquidity and balanced credit allocation [2][3]. - Financial services will be improved to support high-quality economic development, with a focus on enhancing the financial service framework and supporting key sectors such as technology innovation and small and micro enterprises [3]. Group 2: Financial Risk Management - The PBOC will work on mitigating financial risks in key areas, including managing the debt risks of financing platforms and enhancing risk identification and early correction in small financial institutions [3][4]. - A macro-prudential management framework will be established to maintain financial stability, with improved monitoring indicators and mechanisms for providing liquidity to non-bank institutions under specific scenarios [4]. Group 3: Financial Reform and Global Cooperation - The PBOC aims to deepen financial reform and openness, enhancing supervision of various financial markets and supporting the construction of international financial centers [4][5]. - Global financial governance reform will be actively promoted, with a focus on multilateral cooperation and participation in international financial rule-making [5][6]. Group 4: Financial Management and Service Enhancement - The PBOC will enhance financial management capabilities, focusing on legislative projects and improving statistical systems to align with modern central banking practices [5][6]. - Efforts will be made to strengthen the regulatory framework for virtual currencies and improve the overall payment service environment for various demographics [6].