In the 13th five year plan, the central government has specifically highlighted the task to reform the current financial regulatory system.

The research team at Anbound is of the view that the reform of the multi-level regulatory and supervisory system into an integrated financial system is the inevitable trend.

It is highly likely that the central bank will play a leading role under the new regulatory system.

The establishment and the functions of the super financial supervisory commission will be the matters to be decided next.