The 25th session of the 14th National People's Congress Standing Committee held its second plenary session at the Great Hall of the People in Beijing on the morning of the 3rd. The meeting heard a report on financial work commissioned by the State Council, Pan Gongsheng, Governor of the People's Bank of China. The report introduces the main progress and results of financial work since October 2025, the current economic and financial situation and challenges, and proposes next work considerations: continue to implement a moderately loose monetary policy to create an appropriate monetary and financial environment for the economy to continue to develop in a new, better and better way; further strengthen and improve financial supervision to continuously enhance the quality and efficiency of supervision; implement monetary policy tools to support the capital market, and consolidate and improve the capital market stabilization mechanism. Maintain the smooth operation of financial markets such as stocks, bonds, and foreign exchange, and maintain the bottom line that systemic financial risks do not occur.

The 25th session of the 14th National People's Congress Standing Committee held its second plenary session at the Great Hall of the People in Beijing on the morning of the 3rd. The meeting heard a report on financial work commissioned by the State Council, Pan Gongsheng, Governor of the People's Bank of China. The report introduces the main progress and results of financial work since October 2025, the current economic and financial situation and challenges, and proposes next work considerations: continue to implement a moderately loose monetary policy to create an appropriate monetary and financial environment for the economy to continue to develop in a new, better and better way; further strengthen and improve financial supervision to continuously enhance the quality and efficiency of supervision; implement monetary policy tools to support the capital market, and consolidate and improve the capital market stabilization mechanism. Maintain the smooth operation of financial markets such as stocks, bonds, and foreign exchange, and maintain the bottom line that systemic financial risks do not occur.