The People's Bank of China convened its 2026 national treasury work conference, reviewing 2025 performance and setting the 2026 work programme for its national treasury function. Priorities are framed around strengthening internal controls, further building and upgrading systems, and ensuring implementation, alongside continued work on a rule-based national treasury and the National Treasury Project. The review of 2025 pointed to progress in advancing the legal framework for treasury operations, improving informatization, and processing treasury receipts and payments efficiently in its capacity as manager of the national treasury. The meeting also cited support for government budget execution, emergency rescue and disaster relief, greater convenience for tax payments and refunds, and efforts to expand access to government bonds in rural areas. For 2026, the treasury line is expected to manage stated trade-offs including development and safety and service and supervision, while improving the enforceability of internal rules, system robustness and management standardisation to strengthen treasury management capability.
Central Bank of the Republic of China 2026-03-23
People's Bank of China sets 2026 national treasury priorities focused on internal controls, systems and implementation
The People's Bank of China held its 2026 national treasury work conference, reviewing 2025 achievements and setting priorities for 2026. Key focuses include strengthening internal controls, upgrading systems, and enhancing rule-based treasury operations. The bank aims to balance development and safety, improve service and supervision, and expand access to government bonds in rural areas.