PBOC: Actively and Prudently Address Financial Risks in Key Areas, Orderly Reduce Existing Risks

Beijing, March 27th – The People’s Bank of China (PBOC) recently convened its 2026 Financial Stability Work Conference. The meeting emphasized that in 2026, financial stability work must adhere to political guidance, strengthen theoretical understanding, establish and practice a correct view of performance, and deeply integrate Party building with business operations to ensure a high-standard start and high-quality progress for financial stability work during the “15th Five-Year Plan” period. The PBOC will continuously improve the system for preventing and resolving systemic financial risks, promote the in-depth and practical application of technology, strengthen financial risk monitoring, assessment, early warning, and early correction, and persistently curb the accumulation of new risks. Adhering to market-oriented and law-based principles, the PBOC will actively and prudently address financial risks in key areas and orderly reduce existing risks. Efforts will be made to deepen reforms of key financial institutions and promote increased capital replenishment through multiple channels. The capacity to prevent and control financial risks within an open framework will be enhanced to safeguard national financial security. A robust financial stability assurance system will be built, risk disposal resources and tools will be enriched, and the bottom line of preventing systemic financial risks will be resolutely maintained. (Source: People’s Bank of China)