Group 1 - The People's Bank of China held a meeting to discuss the work plan for the second half of 2025, focusing on the ongoing rectification of central inspection work [1] - Financial risks in key areas are further being contained, with significant progress in resolving debt risks associated with financing platforms [1] - The reform and risk management of small and medium-sized banks are being advanced, with orderly handling of financial risks in key institutions and regions [1] Group 2 - The establishment of the Macro-Prudential and Financial Stability Committee by the People's Bank of China is enhancing the macro-prudential and financial stability framework [1] - Improvements in macro-prudential management of real estate finance are being made to support the development of a new model for real estate [1] - There is a firm commitment to support the stable operation of the capital market, optimizing the use of two capital market support tools and policy arrangements to better stabilize market expectations [1] Group 3 - Strict actions are being taken against illegal activities in the bond market [1] - The regulation of electronic vouchers for accounts receivable and other supply chain finance activities is being standardized [1]