Wednesday, March 28, 2018
Financial risk prevention now top priority in China's financial work
ANBOUND
On March 27th, Vice Premier of the State Council Liu He emphasized that it is the top priority of the current financial work in financial risk prevention. It is necessary to strengthen the overall coordination role of the Financial Stability Development Committee of the State Council and to promote the healthy growth and the financial stability. The authority will maintain a stable and neutral monetary policy and mediate the mechanism of such policy, as well as maintain reasonable and stable liquidity. It is also necessary to continuously promote institutional reforms in a smooth and orderly manner, and to accelerate the adjustment of bank insurance supervision duties.