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China: China's financial regulators assess policy reforms, achievements over past 5 years
Storyline: China's financial regulators assess policy reforms, achievements over past 5 years [Voice_over] China’s financial regulators have reviewed the policy reforms and achievements during the 14th Five-Year Plan that ends this year, highlighting increased openness, as well as efforts in preventing systematic risks and supporting tech innovations. At Monday's press briefing, Central Bank Governor Pan Gongsheng said China's banking sector has accumulated 470 trillion yuan, or 66 trillion US dollars, worth of assets - the largest in scale worldwide. China has also become the world's second largest stock and bond market, and remains the top holder of foreign exchange reserves. Wu Qing, the Chief of China's securities regulator, reported a 58 percent surge in stock market misconduct penalties from 2021 to 2025, compared to the previous 5-year plan period. He said the A-share market has become much more resilient against risks, with tech shares accounting for a quarter of the total market cap. [Restrictions : No access Chinese mainland]
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