The People's Bank of China Holds the 2026 Accounting and Financial Work Conference

The People’s Bank of China held the 2026 Accounting and Financial Work Conference. The meeting believed that in 2025, the accounting and financial departments of the People’s Bank of China conscientiously implemented the major decisions and deployments of the Party Central Committee, fulfilled the work requirements of the Party Committee, continuously improved the budget management system, strengthened departmental budget expenditure management and expenditure standard construction, and continuously optimized financial resource allocation and support. Effectively promoted the deepening and solid implementation of central inspections and audits, carried out in-depth supervision of finance and accounting, procurement inspections, asset utilization, and other special tasks. Implemented the requirement to live frugally, with significant results in cost reduction and efficiency enhancement in key areas, and in-depth potential tapping. Continuously improved the management system of affiliated units, promoted the construction of management mechanisms such as responsibility and authority lists, strengthened the management of major business and financial matters, and effectively safeguarded the central bank’s lawful performance of duties. The meeting required that in 2026, accounting and financial work should serve the responsibilities and core tasks of the People’s Bank of China, improve the budget management system, and strengthen budget constraint supervision. Deeply focus on key tasks such as central inspections and audits, and promote the application and transformation of the results of rectification. Strengthen internal management of funds, assets, and other resources, streamline procurement policies and systems, improve procurement management through classification and layering, and enhance standardized and standardized levels. Focus on macroeconomic and financial situations, strengthen research on accounting standards and accounting rules. Solidly carry out education on establishing and practicing correct performance views, and build an accounting team that upholds principles, understands business, has empathy, and keeps to the bottom line. (Central Bank)