The Financial Stability Bureau of the People's Bank of China has released a column article titled "Effectively Preventing and Resolving Financial Risks and Firmly Maintaining the Bottom Line of No Systemic Risks". The article pointed out that under the strong leadership of the Party Central Committee and the State Council, the People's Bank of China has closely focused on three tasks: serving the real economy, preventing and controlling financial risks, and deepening financial reforms. Following the basic principles of "maintaining overall stability, coordinating overall planning, implementing targeted measures, and precise dismantling", the People's Bank of China has resolutely fought against major financial risks, improved the system and mechanism for financial stability work, and orderly disposed of and resolved a number of prominent risk points that have a significant impact, urgency, and overall nature, effectively safeguarding the national economic and financial security and overall financial stability.
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