China's National Financial Regulatory Administration convened eight symposiums with banking and insurance institutions to study the policy direction set out by the Chinese Communist Party’s 20th Central Committee Fourth Plenum and to solicit industry input for the financial sector’s “15th Five-Year” special plan, alongside a review of “14th Five-Year” financial sector work. The meetings were chaired by Party Committee Secretary and Director Li Yunze. Representatives from eight types of institutions attended, including large banks, financial holding companies and insurance groups, joint-stock banks, rural banks, life insurers, property insurers, foreign institutions, and bank and insurance asset management firms. Discussion covered prudent operations, preventing and controlling risks in key areas, improving the market competition landscape, and strengthening the financial rule-of-law environment; Li also called on institutions to plan their work for 2026 and the “15th Five-Year” period, integrate Party building with corporate governance, improve support for national strategies and重点领域, advance the “five major articles” of finance, deepen reform with a focus on core business and governance, curb disorderly competition, and strengthen risk management including orderly disposal of existing risks, tighter control of new risks, and increased capital replenishment. The regulator indicated it will continue implementing the Plenum-related requirements and central government decisions, maintain a focus on preventing risks, strengthening supervision and promoting high-quality development, and improve supervisory effectiveness while guiding institutions’ reform and development planning for the “15th Five-Year” period.
China Banking and Insurance Regulatory Commission 2025-12-05
China's National Financial Regulatory Administration holds eight roundtables to gather input for the 15th Five-Year financial plan and set 2026 priorities for banks and insurers
China's National Financial Regulatory Administration held eight symposiums with banking and insurance institutions to align with the Chinese Communist Party’s policy direction and gather input for the “15th Five-Year” financial plan. Discussions focused on risk management, market competition, and integrating Party building with corporate governance. The regulator emphasized implementing Plenum-related requirements, risk prevention, and high-quality development for the upcoming planning period.