The Central Bank of the Republic of China held an internal briefing session on the guiding principles of the Fourth Plenary Session of the 20th Communist Party of China Central Committee and the Party’s proposal for the 15th Five-Year Plan, with Governor Pan Gongsheng delivering the keynote report. Pan positioned improvements to the central bank system as a strategic measure for advancing high-quality financial development during the 15th Five-Year period. The speech set out priorities for the central bank’s work, including building a more scientific and robust monetary policy framework, strengthening a comprehensive macroprudential management system, and improving mechanisms for preventing and resolving systemic financial risks. Additional focus areas included deepening financial supply-side structural reform, steadily advancing high-level financial opening, and safeguarding national financial security. Pan also framed the study, communication, and implementation of the plenum’s guiding principles as a key political task for the institution, calling on Party committees across the system to organise training and strengthen practical follow-through.
Central Bank of the Republic of China 2025-11-12
Central Bank of the Republic of China governor Pan Gongsheng calls for improving the central bank system and strengthening monetary and macroprudential frameworks in the 15th Five-Year period
The Central Bank of the Republic of China, led by Governor Pan Gongsheng, emphasized strategic improvements to the central bank system during an internal briefing on the Fourth Plenary Session of the 20th Communist Party of China Central Committee and the 15th Five-Year Plan. Priorities include enhancing the monetary policy framework, strengthening macroprudential management, and improving systemic risk prevention mechanisms. Pan also highlighted the importance of financial supply-side reform, financial opening, and national financial security.