"Economic Daily": Perseverance in preventing and defusing financial risks
An article in the Economic Daily stated that according to the basic principles of "maintaining overall stability, coordinating and implementing policies in a classified way, and precise disposal of risks," a series of "big moves" and "heavy punches" have been frequently used to orderly dispose of prominent risks in key areas. From resolutely disposing of high-risk enterprise groups and high-risk financial institutions, issuing new regulations on asset management and implementing supporting rules, special rectification of internet financial risks, cracking down on domestic virtual currency trading speculation, to maintaining stable operation of the real estate market, supporting the prevention and resolution of local financing platform debt risks, and improving the evaluation and regulatory system of systemically important banks and insurance companies, this tough battle has achieved important phased results. Recently, the State Council reported to the Standing Committee of the 14th National People's Congress on the situation of financial work, showing that financial institutions are generally stable, financial markets are operating smoothly, and the operating and regulatory indicators of financial institutions are in a reasonable range.
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