Central Bank: Expanding and enriching the functions of macro-prudential supervision and financial stability of central banks, innovating financial tools, and maintaining the stable operation of financial markets.

The central bank released the third quarter of 2025 report on the implementation of China's monetary policy, and in the next stage, actively and steadily prevent and resolve financial risks. Build a comprehensive macro-prudential management system and systemic financial risk prevention and disposal mechanism. From the perspectives of macro, countercyclical, and anti-contagion, strengthen the monitoring, evaluation, and early warning of systemic financial risks, enrich the macro-prudential policy toolbox, and continuously expand the coverage of macro-prudential surveillance. Expand and enrich the functions of macro-prudential and financial stability of central banks, innovate financial instruments, and maintain the smooth operation of financial markets. Strengthen the macro-prudential management of systemically important financial institutions, and deepen the construction of additional regulatory systems. Further implement the additional regulation of systemically important banks, guide selected banks to continuously improve recovery and resolution plans, and explore the role of risk management forward guidance. Improve the mechanism of the global systemically important bank cross-border crisis management group, strengthen cross-border regulatory cooperation and information sharing. Steadily broaden the coverage of additional regulations to the non-banking sector. Under the principles of marketization and legalization, steadily promote the reform and risk reduction of small and medium-sized financial institutions, improve the risk disposal responsibility mechanism of rights and responsibilities equivalency and incentive compatibility, and strictly guard against moral risks. Enhance risk disposal resources, continue to expand the accumulation of deposit insurance funds and financial stability guarantee funds, and explore the establishment of a contingency financing mechanism.