Deputy director Cong Lin said on Sept 10 the regulator will in the 15th
Five-Year period simultaneously advance risk prevention, tighten supervision and
promote high-quality growth. It will steadily advance risk control in key areas,
actively and orderly prevent and resolve risks at local small- and medium-sized
financial institutions and uphold the bottom line of no blow-ups. The regulator
will comprehensively strengthen five major supervisory areas to make oversight
more forceful and deterrent, and require financial institutions to coordinate
five major workflows and boost support for major national strategies, key
sectors and weak links.