At the 2026 Lujiazui Forum, China's financial regulator Director Ding Xiangqun
said authorities will strengthen oversight to eliminate supervisory gaps and
blind spots and ensure full coverage with no exceptions. He said priority is
preventing and resolving risks to firmly guard against systemic financial
stress. Authorities will focus on shrinking legacy exposures and curbing new
risk growth, and will orderly but forcefully resolve risks at small- and
medium-sized financial institutions. The regulator will support and coordinate
measures to address property-sector and local-government debt risks. Emphasis
will be on upstream prevention: establishing early-correction mechanisms with
hard constraints to enable early identification, early warning, early exposure
and early resolution. Regulators will intensify both oversight of lawful
activity and crack down harder on illegal financial conduct, strengthen
central-local coordination and inter-agency linkage, maintain high-pressure
enforcement and full-chain systemic governance, and safeguard household deposits
and savings.
