Core Viewpoint - The People's Bank of China (PBOC) is committed to integrating the rectification of issues identified in the recent inspection into the implementation of the Central Committee's decisions, aiming to create a favorable monetary and financial environment for sustained economic recovery [1][18]. Group 1: Rectification Measures - The PBOC has established a leadership group to oversee the rectification work, ensuring comprehensive coordination and supervision [4]. - A mechanism for regular progress reporting and accountability has been implemented, including weekly updates and a three-step verification process for rectification measures [4][5]. - The PBOC is focusing on both comprehensive and specialized rectification efforts, with a clear plan and ongoing adjustments based on feedback [5]. Group 2: Financial Infrastructure and Risk Management - The PBOC is advancing the construction of a secure and efficient financial infrastructure, including the development of cybersecurity management systems and the establishment of a financial stability guarantee fund [2][15]. - There is a strong emphasis on monitoring and preventing financial risks, with the establishment of a macro-prudential and financial stability committee to assess systemic risks [11]. - The PBOC is enhancing its legal framework, including the revision of key financial laws and the introduction of new regulations to improve financial stability [16]. Group 3: Political and Organizational Responsibility - The PBOC is reinforcing its political responsibility by ensuring that all levels of the organization align with the Central Committee's directives and maintain a high standard of governance [7][12]. - Continuous training and evaluation of leadership are being conducted to strengthen the political awareness and accountability of PBOC officials [13]. - The PBOC is committed to a long-term rectification strategy, focusing on deep-rooted issues and ensuring that improvements are sustainable [14].

Core Viewpoint - The Chongqing Municipal Government has issued an implementation plan focusing on enhancing financial services and infrastructure, particularly in the areas of intellectual property financing and support for elderly services [1] Group 1: Financial Services Enhancement - The plan aims to improve the intellectual property assessment and transaction market, creating an efficient scenario for intellectual property pledge financing [1] - Promotion of the national small and micro enterprise funding flow credit information sharing platform and the national financing credit service platform (Chongqing Station) is included [1] Group 2: Support for Elderly Services - The initiative includes the development of standardized bank card services for rural withdrawals and the optimization of financial basic services for the elderly [1] - There is a focus on promoting age-friendly renovations and enhancing the construction of assistive devices and barrier-free facilities [1] Group 3: Digital Currency and Credit Information - Continuous strengthening of the digital RMB service system and financial infrastructure is emphasized [1] - The plan also aims to better utilize the financial credit information database to enhance the characteristics of credit institutions in various industries [1]

Group 1 - The core point of the article is the decision by the Central Securities Depository Company to simplify the investment process for foreign central bank institutions by no longer requiring them to provide a signed commitment letter [1] - This change is in response to the requirements set by the People's Bank of China [1] - The Central Securities Depository Company aims to enhance the construction of national financial infrastructure and ensure safe and efficient operations [1] Group 2 - The company will continue to deepen its core service capabilities to better serve the market and its clients [1]