Beijing — At a recent press conference hosted by the State Council Information Office, top financial regulators outlined how China aims to deliver high-quality results under its 14th Five-Year Plan (2021-2025). Strategies span green finance, digital innovation and risk control, spotlighting the plan's push for sustainable, stable growth in the Chinese mainland and beyond.
Pan Gongsheng, governor of the People's Bank of China, stressed the goal of balancing liquidity with support for small businesses and advanced manufacturing, highlighting how digital yuan pilots and fintech partnerships will boost efficiency.
Li Yunze, minister of the National Financial Regulatory Administration, outlined ongoing reforms to strengthen oversight. He pointed to new measures targeting shadow banking and improving credit access for emerging sectors.
Wu Qing, chairman of the China Securities Regulatory Commission, unveiled plans to deepen capital market reforms and attract overseas investment. Streamlined listing processes and incentives for green bonds are set to channel more funding into clean energy and tech startups.
Zhu Hexin, deputy governor of the People's Bank of China and administrator of the State Administration of Foreign Exchange, shared insights on currency strategy and cross-border trade. A flexible exchange rate regime and prudent reserves management remain key to global competitiveness.
As the 14th Five-Year Plan unfolds, these coordinated efforts reflect a shift toward innovation-driven, environmentally sustainable policies. For global investors, entrepreneurs and advocates, China's roadmap offers fresh opportunities in balancing growth with stability.
Key takeaways:
- Balancing liquidity with targeted support for SMEs
- Reinforcing oversight to curb shadow banking
- Streamlining processes for green bonds and IPOs
- Maintaining a flexible exchange rate for trade stability
Reference(s):
Live: Delivering high-quality results under the 14th Five-Year Plan
cgtn.com
