Central Bank Strengthens Macro-Prudential Management to Safeguard Financial Stability

Enhancing Macro-Prudential Framework to Prevent Systemic Risks

The 2026 PBOC macro-prudential meeting emphasized strengthening the overall framework of macro-prudential management, improving early warning capabilities for systemic financial risks, and expanding policy tools to ensure stable financial market operations.

Optimizing the Environment for RMB Internationalization

The meeting highlighted the importance of aligning with the new development paradigm, enhancing cross-border RMB policies, facilitating trade settlements, optimizing the layout of RMB clearing banks, and maximizing the effectiveness of currency swap mechanisms.

• Expanding the scope of macro-prudential policies
• Enhancing coordination within financial stability committees
• Developing offshore RMB markets
• Supporting the development of Shanghai as a global financial hub

These initiatives will better meet the diverse needs of market participants in cross-border transactions, investment, and risk management, thereby strengthening the real economy through effective financial services.