文/ 人民银行副行长 陶玲 11月26日，中国人民银行党委委员、副行长陶玲在《学习时报》发表题 为《在法治轨道上推进金融高质量发展》的署名文章。陶玲表示，"十五 五"时期，金融法治建设要围绕中心、服务大局，重点突破、系统集成、 协同配合，形成科学完备的金融法律体系、有效有力的金融执法机制、公 平正义的金融司法和全民守法环境。具体而言，需加强基础性金融法律建 设、中央银行法律制度建设、金融稳定法律制度建设、金融监管法律制度 建设 、涉外金 融法治 建 设 、金 融 法治 执行 力建 设和 金融 法治 人才 队 伍建 设。 习近平总书记指出，金融的安全靠制度、活力在市场、秩序靠法治；要及时推进金融重点领域和新兴领域立法，建立定期修法制度，不断适应金融发展实 践需要。《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》提出，加快构建高水平社会主义市场经济体制，完善宏观经济治理体系，提 升宏观经济治理效能。加强金融法治建设作为重要举措，要以习近平法治思想为引领，落实习近平总书记关于金融工作的重要论述，立足我国金融改革发 展稳定实践，在法治轨道上推进金融高质量发展，为建设金融强国、实现中国式现代化保驾护航。 深 ...

金融法制建设必须坚持正确的政治方向，立足我国金融改革发展稳定实践，在法治轨道上推动金融高质 量发展。 11月26日，中国人民银行党委委员、副行长陶玲在《学习时报》发表题为《在法治轨道上推进金融高质 量发展》的署名文章，系统阐述了金融法治建设的核心要求、现实挑战与 "十五五" 时期重点任务。 文章强调，金融是国民经济的血脉，加强金融法治是依法治国的重要方面，更是建设金融强国、实现中 国式现代化的重要保障。金融法制建设必须坚持正确的政治方向，立足我国金融改革发展稳定实践，在 法治轨道上推动金融高质量发展。 金融法治建设面临的形势与现实挑战 陶玲在文中明确，金融法治建设需牢牢把握六大关键维度：坚持正确的政治方向是首要原则，坚持以人 民为中心的根本立场，以加快建设金融强国为目标，以推进金融治理体系和治理能力现代化为任务，以 深化金融供给侧结构性改革为突破点，以维护国家金融稳定和安全为生命线。 四是坚持金融工作的系统观念，确立金融中央事权与地方职责，形成维护良好金融秩序的多方合力。 回顾发展历程，陶玲指出我国金融法治建设伴随改革开放稳步推进，已形成宝贵实践经验。 1995年中国人民银行法、商业银行法、保险法相继出台，以 ...

投资咨询业务资格：证监许可【2011】1778 号 期货研究报告 资讯早班车-2025-11-27 一、 宏观数据速览 | 发布日期 | 指标日期 | 指标名称 | 单位 | 当期值 | 上期值 | 去年同期值 | | --- | --- | --- | --- | --- | --- | --- | | 20251020 | 2025/09 | GDP:不变价:当季同比 | % | 4.80 | 5.20 | 4.60 | | 20251031 | 2025/10 | 制造业 PMI | % | 49.00 | 49.80 | 50.10 | | 20251031 | 2025/10 | 非制造业 PMI:商务活 动 | % | 50.10 | 50.00 | 50.20 | | 20251113 | 2025/10 | 社会融资规模增量:当 | 亿元 | 8161.00 | 35299.00 | 14120.00 | | | | 月值 | | | | | | 20251113 | 2025/10 | M0(流通中的现金):同 比 | % | 10.60 | 11.50 | 12.80 | | 202511 ...

来源：金融界AI电报 中国人民银行党委委员、副行长陶玲在学习时报刊文指出，为适应改革需要，需要加快推进银行业监督 管理法、商业银行法、保险法、信托法等的修订工作，促进金融机构和金融行业规范健康发展。进一步 深化金融改革开放，修订外汇管理条例，完善外汇和跨境人民币管理体制，加强本外币一体化管理。制 定公司债券管理条例，健全分类趋同、规则统一的债券市场法律制度。推进数字金融新兴领域立法，提 高金融法治与金融实践的适应性。 ...

（文章来源：第一财经） 中国人民银行党委委员、副行长陶玲在学习时报刊文指出，"十五五"时期，金融法治建设面临新形势新 任务。从外部形势看，国际环境复杂性严峻性持续上升，对我国经济金融运行产生外溢影响，金融法治 要应对外部环境变化和冲击挑战，促进金融高水平开放，防范洗钱、金融制裁、"长臂管辖"等风险。从 国内形势看，金融体系要在稳增长、调结构和防风险之间协调平衡，金融法治要促进金融服务实体经 济，防控重点领域金融风险，防范金融市场异常波动，打击非法集资等非法金融活动，将快速发展的数 字金融、互联网金融等创新活动及时纳入法治轨道。 ...

Core Viewpoint - The article emphasizes the importance of accelerating the construction of a financial powerhouse in China as part of the national modernization strategy, highlighting key tasks and initiatives outlined in the 15th Five-Year Plan [1]. Group 1: Major Tasks and Initiatives - Continuous improvement of the central bank system, including the establishment of a robust monetary policy framework and a comprehensive macro-prudential management system, while maintaining the stability of the RMB exchange rate and promoting its internationalization [2]. - Deepening the "five major articles" of finance, which includes enhancing financial support for technological independence, promoting green transformation, and developing a sustainable inclusive finance system [2]. - Promoting the healthy and stable development of capital markets by improving their inclusiveness for new industries and technologies, and establishing a comprehensive regulatory system for listed companies [2]. Group 2: Financial Infrastructure and Regulation - Further optimization of financial institutions and infrastructure, encouraging various financial entities to focus on their core businesses and improve governance [3]. - Accelerating the construction of international financial centers, particularly in Shanghai and Hong Kong, to enhance their influence and support the development of offshore RMB business [3]. - Comprehensive enhancement of financial regulatory capabilities, including strengthening oversight across all financial activities and improving early warning mechanisms for financial risks [3]. Group 3: Legal Framework - Strengthening financial legal construction by completing financial legislation and enhancing enforcement against illegal financial activities, ensuring a zero-tolerance approach to violations [3].

Core Viewpoint - The importance of advancing financial legal construction in the context of financial risk prevention and collaborative governance in the digital intelligence era is emphasized [1] Group 1: Financial Legal System - There is a need to improve the financial legal system to address the challenges posed by the digital economy [1] - Enhancing regulatory legal awareness is crucial for effective financial governance [1] Group 2: Risks in the Digital Era - The digital economy alters the way financial services are delivered but does not change the fundamental laws of finance or the financial risk system [1] - The risks and challenges brought by digital technology include technological risks, compliance risks, and financial stability risks [1]

Core Insights - The forum emphasized the importance of strengthening financial legal systems to support stable and prosperous financial development in China [1][2][3] - Discussions included the need for a modernized financial adjudication system to provide stable, fair, and transparent judicial guarantees for market participants [2][3] - The integration of digital economy and legal protection of data rights was highlighted as a key issue, with suggestions for improving data ownership and classification systems [4][6] Group 1: Financial Legal System Development - The forum discussed the rapid development of China's financial sector over the past 40 years, particularly since the 18th National Congress, and the establishment of a comprehensive financial legal system [1] - Huang Wei, Deputy Director of the Legislative Affairs Commission, emphasized the need for further legislative efforts to prevent systemic financial risks and adapt to industry practices [1][2] - The importance of collaboration between legislative, enforcement, and judicial bodies to enhance the financial legal environment was stressed [2][3] Group 2: Financial Adjudication and Risk Management - Liu Guixiang from the Supreme People's Court highlighted the role of financial adjudication in guiding market behavior and preventing systemic risks [2] - The Beijing Financial Court is focusing on enhancing its financial adjudication functions and innovating its financial trial mechanisms [3][5] - The need for a stable legal framework to support cross-border financial activities and ensure compliance with laws was discussed [6] Group 3: Cross-Border Financial Challenges - The forum addressed the legal challenges of cross-border finance, with a focus on optimizing the legal environment for cross-border investments and trade [4][6] - Huang Hui from the State Administration of Foreign Exchange outlined efforts to balance development and security in foreign exchange management [4] - The importance of a robust legal framework to facilitate capital market openness and enhance the foreign legal environment was emphasized [6]

Group 1 - The core viewpoint highlights the significant growth of Beijing's financial sector, achieving a value-added of 8,154 billion yuan in 2024, a year-on-year increase of 7.6%, surpassing the national average by 2 percentage points, marking the highest growth in five years [1] - In the first half of this year, the financial sector's value-added reached 4,362 billion yuan, with a year-on-year growth of 8.1%, accounting for 17.4% of the GDP [1] - Beijing's financial industry leads the nation in various metrics, including the number of financial institutions, personnel, total assets, insurance density, and insurance depth [1] Group 2 - The city plans to enhance financial legal construction, implementing Xi Jinping's legal thought, and optimizing the legal business environment to support financial management innovation in new scenarios and models [2] - There is a focus on improving the governance level of financial law, protecting enterprises' legal rights while enhancing risk management and market expansion capabilities [2] - The strategy includes strengthening coordination among legislative, enforcement, and judicial forces to collaboratively address policy formulation, risk management, and information sharing [2]

Core Viewpoint - The People's Bank of China (PBOC) has made significant progress in building a financial legal system during the "14th Five-Year Plan" period, focusing on enhancing financial law and regulations to support the development of a financial powerhouse [1][2]. Group 1: Legislative Achievements - The PBOC has promoted the enactment and revision of several financial laws, including the Anti-Money Laundering Law and regulations for non-bank payment institutions, to strengthen legal frameworks and supervision [2]. - Over 200 regulatory documents have been formulated, amended, or abolished since the beginning of the "14th Five-Year Plan," contributing to a more comprehensive legal and regulatory system [2]. Group 2: Financial Stability and Governance - The PBOC is actively working on key financial legislation, including the revision of the People's Bank Law and the Financial Stability Law, to solidify the legal foundation for central banking and enhance risk prevention mechanisms [3]. - The PBOC is aligning its governance with international standards to improve the business environment, focusing on market-oriented, law-based, and international practices [3][4]. Group 3: Service Optimization and Efficiency - The PBOC has implemented a unified registration system for movable property and rights, significantly improving the efficiency of public services, with over 53.28 million registrations and 290 million queries recorded by August 2025 [4]. - Efforts to enhance financial services for small and micro enterprises include streamlining loan approval processes and improving access to banking services for various demographics [5]. Group 4: Administrative Law and Enforcement - The PBOC is enhancing its administrative law framework to ensure compliance with new regulations, including the Administrative Penalty Law, and is focused on improving the standardization of administrative enforcement [6]. - The PBOC is committed to fair and transparent enforcement practices, emphasizing a risk-based approach to supervision and increasing the professionalism of enforcement personnel [6].