The central bank held the 2026 Financial Stability Work Conference, requiring continuous containment of incremental financial risks and deepening reforms of key financial institutions.

Securities Times reporter He Jueyuan

Recently, the People’s Bank of China held a 2026 meeting on financial stability work. The meeting reviewed the 2025 financial stability work, analyzed the current economic and financial situation, and deployed key tasks for financial stability in 2026.

The meeting held that in 2025, the People’s Bank of China’s financial stability system firmly implemented the decisions and deployments of the Party Central Committee and the State Council. It adhered to the overall work tone of making progress while maintaining stability, continuously improved the quality and effectiveness of financial risk monitoring, assessment, and early-warning, effectively prevented and defused financial risks in key areas and external shocks, kept strengthening the financial stability safeguard mechanism, continuously promoted the overall deepening of reforms in the financial sector, and effectively safeguarded national financial security, with all work achieving positive results. At present, the operation of China’s financial industry is generally sound, financial risks continue to converge, and financial institutions as a whole are healthy.

The meeting required that in 2026, financial stability work should adhere to political guidance, strengthen theoretical weaponry, establish and practice the correct view of political achievements, deeply integrate Party building with business, and ensure that financial stability work in the “15th Five-Year Plan” period starts at a high standard and is advanced with high quality. It should continuously improve a system for preventing, mitigating, and resolving systemic financial risks, and drive the work of empowering finance with science and technology to go deeper and become more effective. It should strengthen financial risk monitoring, assessment, early-warning, and early correction, and continuously curb the growth of incremental risks. It should adhere to market-oriented and rule-of-law principles, and actively and prudently handle financial risks in key areas, while orderly reducing existing risks. It should deepen reforms of key financial institutions and promote multi-channel efforts to increase capital replenishment. It should enhance financial risk prevention and control capabilities under an opening-up pattern to safeguard national financial security. It should build a solid financial stability safeguard system, strengthen risk resolution resources and tools, and firmly hold the bottom line of preventing systemic financial risks.