Group 1 - The People's Bank of China has signed bilateral currency swap agreements with over 30 countries and regions, becoming an important part of the global financial safety net [1] - China actively participates in the formulation and implementation of international financial regulatory standards and is one of the few economies to fully implement Basel III [1] - The regulatory framework for systemically important financial institutions has been established, with all major Chinese banks meeting total loss-absorbing capacity requirements [1] - A deposit insurance system has been established, providing full protection for over 99% of depositors [1] - The implementation of new asset management regulations has significantly reduced shadow banking risks [1] Group 2 - International financial organizations like the IMF and World Bank need to reform governance to reflect the relative positions of member countries in the global economy [2] - Emerging markets and developing countries have a significantly lower share and voting power in international financial organizations compared to their actual position in the global economy [2] - The international community should address the unilateral policies of certain member countries that interfere with the governance and operation of international financial organizations [2] - There is a need to enhance the voice and representation of emerging markets and developing countries to uphold true multilateralism and improve governance efficiency [2] Group 3 - The traditional cross-border payment system has faced increasing challenges, leading to a global call for improvements [3] - New payment infrastructures and settlement methods are emerging, driving the development of a more efficient, secure, inclusive, and diverse global cross-border payment system [3] - China has established a multi-channel and widely covered cross-border payment and clearing network for the renminbi after over a decade of development [3]