People's Bank of China Holds 2026 Macroprudential Work Conference: Forward-looking Assessment of Systemic Financial Risk Hidden Dangers

Odaily Planet Daily News: The People’s Bank of China held the 2026 Macroprudential Work Conference. The meeting required that the 2026 macroprudential work continue to be deployed according to the plan of building a comprehensive macroprudential management system, strengthen the macroprudential management functions of the central bank, continuously improve the working mechanisms of the Macroprudential and Financial Stability Committee, gradually expand the coverage of macroprudential policies, proactively assess systemic financial risks, innovate and enrich the policy toolkit, maintain the stable operation of financial markets and the overall stability of the financial system. Guided by serving the construction of a new development pattern, further improve the policies for cross-border use of the Renminbi, promote the facilitation of goods trade, optimize the layout of Renminbi clearing banks, better leverage currency swap functions, develop the offshore Renminbi market, support the construction of Shanghai as an international financial center, and better meet the needs of various entities for Renminbi transactions, settlement, investment and financing, and risk management. (Jin10)