SAFE deputy head Li Bin said the agency will continue to balance facilitation of flows with risk prevention, uphold a safety bottom line under openness, and further refine a macroprudential-plus-micro-supervision framework. He said SAFE will, when necessary, strengthen countercyclical adjustment and expectation guidance to keep the foreign-exchange market stable and guard against systemic risk.

2026-07-17

SAFE deputy head Li Bin said the agency will continue to balance facilitation of flows with risk prevention, uphold a safety bottom line under openness, and further refine a macroprudential-plus-micro-supervision framework. He said SAFE will, when necessary, strengthen countercyclical adjustment and expectation guidance to keep the foreign-exchange market stable and guard against systemic risk.