The “Implementation Opinions on Improving the Governance of Financial Institutions” jointly issued by the China Financial Supervisory Administration, the People's Bank of China, the China Securities Regulatory Commission, and the Ministry of Finance suggests that by 2029, a financial institution governance mechanism with clear boundaries of authority and responsibility, compatible incentives and restrictions, strict risk management, and efficient operation standards will basically be formed. The internal stability and resilience of the financial system will be significantly enhanced, and the quality and efficiency of high-quality development of financial services will improve markedly. The operating conditions of micro actors influence macroeconomic stability to a large extent, as does financial institution governance and financial system stability. Unlike other industry operators, whether financial institutions can operate steadily is also related to the safety of public deposits and the high-quality development of the real economy. That is why financial security is an important part of national security.

The “Implementation Opinions on Improving the Governance of Financial Institutions” jointly issued by the China Financial Supervisory Administration, the People's Bank of China, the China Securities Regulatory Commission, and the Ministry of Finance suggests that by 2029, a financial institution governance mechanism with clear boundaries of authority and responsibility, compatible incentives and restrictions, strict risk management, and efficient operation standards will basically be formed. The internal stability and resilience of the financial system will be significantly enhanced, and the quality and efficiency of high-quality development of financial services will improve markedly. The operating conditions of micro actors influence macroeconomic stability to a large extent, as does financial institution governance and financial system stability. Unlike other industry operators, whether financial institutions can operate steadily is also related to the safety of public deposits and the high-quality development of the real economy. That is why financial security is an important part of national security.