General Secretary Xi Jinping stressed that "adhere to the idea of a game of chess in the economy and finance" and "promote high-quality economic and financial development in an overall manner". The Central Economic Work Conference held not long ago was in the deployment of next year's economic ...
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![China has just flipped the table on US AI chips, and the US has launched quantum chips? Keeping the financial system alive?[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)
Article 1 of Chapter 1 of the Interim Measures for the Prevention and Disposal of Payment Risks of Financial Institutions is to promote financial institutions to strengthen asset liquidity management, prevent potential payment risks and properly dispose of financial institutions.
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Article 1 of Chapter 1 of the Measures for the Prohibition of Illegal Financial Institutions and Illegal Financial Business ActivitiesIn order to ban illegal financial institutions and illegal financial business activities, maintain financial order, and protect the public...
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Article 1 of the Provisions on the Administration of Financial Institutions' Assistance in Inquiry, Freezing, and Deduction is to regulate the conduct of financial institutions in assisting competent authorities in inquiring, freezing, and deducting deposits made by units and individuals in financial institutions,...
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Source: Financial Times "The Third Plenary Session of the 20th Central Committee of the Communist Party of China proposed to 'accelerate the improvement of the central bank system and smooth the monetary policy transmission mechanism', which pointed out the way for the next stage of central bank work.
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