中国人民银行：维护金融市场稳健运行和金融体系整体稳定

Core Viewpoint - The People's Bank of China (PBOC) is focusing on enhancing its macro-prudential management system and promoting the internationalization of the Renminbi (RMB) in 2026, following the guidelines from the 20th National Congress and the Central Economic Work Conference [1][2] Group 1: Macro-Prudential Management - In 2025, the PBOC accelerated the construction of a macro-prudential management system, improving governance mechanisms and enhancing the standardized and practical capabilities of macro-prudential monitoring and assessment [1] - The PBOC emphasized the importance of managing systemically important financial institutions, financial markets, and cross-border capital flows as key areas for macro-prudential management [1] Group 2: Renminbi Internationalization - The PBOC aims to further promote the internationalization of the RMB by optimizing cross-border usage arrangements and enhancing the network of currency swaps and clearing banks [2] - The focus will be on supporting trade and investment facilitation, thereby continuously improving the ability to serve the real economy [1][2] Group 3: Financial Stability and Risk Management - The 2026 macro-prudential work will strengthen the central bank's macro-prudential management functions and improve the working mechanisms of the macro-prudential and financial stability committees [2] - There will be a proactive assessment of systemic financial risk vulnerabilities and an innovation of policy tools to maintain stable financial market operations and overall financial system stability [2]