Gate News, March 19 — The People’s Bank of China (PBOC) has reaffirmed its commitment to maintaining stable operations across financial markets, including stocks, bonds, and foreign exchange. At an enlarged Party Committee meeting held on March 18, the PBOC emphasized several key priorities: resolving financial risks in critical areas while balancing economic growth and structural adjustments; addressing debt risks associated with financial support platforms; and managing risks within small and medium-sized financial institutions. The central bank stressed adherence to market-oriented and rule-of-law principles, leveraging macro-prudential management tools to safeguard financial stability. Additionally, the PBOC announced plans to establish a liquidity support mechanism for non-bank financial institutions under specific conditions and reaffirmed its collaboration with relevant departments to combat illegal financial activities.
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