China's State Administration of Financial Supervision and Administration held its 2026 Regulatory Work Conference, reviewing 2025 supervisory work and setting the main tasks for 2026. The agenda centres on accelerating the orderly resolution of risks at small and medium-sized financial institutions, tightening controls over risks linked to real estate and financing platforms, and reinforcing a stronger, more substantive supervisory approach alongside financial consumer protection. For 2026, the work plan calls for tackling existing risks while curbing new ones in small and medium-sized institutions, and for advancing reduction and quality improvement while optimising the institutional landscape. In related risk areas, it prioritises keeping the urban real estate financing coordination mechanism operating normally, supporting financing platform debt risk resolution in accordance with laws and regulations, and stepping up prevention and enforcement against illegal financial activities. On supervision, it highlights strengthening the "five major supervisions", improving law-based and classified and hierarchical supervision, accelerating the design and construction of the Financial Supervision Project, improving coordination on financial consumer protection, and leveraging the effectiveness of the four-level vertical management system. The conference also reiterated expectations for the sector to better serve economic and social priorities, including the "five major articles" of finance, support for major strategies and weak links, more efficient services to boost consumption and investment, technology finance and patient capital, and enhanced support for areas such as disaster response, elderly care, health, rural revitalisation, and small and micro enterprises through the financing coordination mechanism.

Original source View in tracker