People's Bank of China: Deepen reforms of key financial institutions and promote multiple channels to increase capital replenishment efforts

Recently, the People’s Bank of China convened the 2026 Financial Stability Work Conference. The meeting required that in 2026, financial stability work should uphold political leadership, strengthen theoretical armament, establish and practice the correct view of political achievement, deeply integrate Party building with business operations, and ensure that financial stability work in the “15th Five-Year Plan period” starts at a high standard and is promoted with high quality. We will continuously improve the system for preventing, containing, and resolving systemic financial risks, and drive the work of empowering finance through technology to be carried out in depth and in practice; strengthen financial risk monitoring, assessment, early warning, and early correction, and continue to curb the buildup of incremental risks. Adhere to market-oriented and rule-of-law principles, and actively and prudently handle financial risks in key areas, with an orderly reduction of existing risks. Further deepen reforms of key financial institutions, and promote multi-channel efforts to increase capital replenishment. Enhance financial risk prevention and control capabilities under an open development pattern, and safeguard national financial security. Build a solid financial stability guarantee system, enrich risk disposal resources and means, and firmly uphold the bottom line of preventing systemic financial risks.