Financial "Three Giants" Press Conference Highlights: Significant New Achievements in China's Financial Sector During the 14th Five-Year Plan Period
On September 22, the State Council Information Office held a press conference to introduce the new achievements of China's financial sector during the "14th Five-Year Plan" period. Pan Gongsheng, Governor of the People's Bank of China, stated that by the end of June this year, the total assets of China's banking industry reached nearly 470 trillion yuan, ranking first in the world; the stock and bond market sizes ranked second in the world; and foreign exchange reserves have ranked first in the world for 20 consecutive years. In addition, China is at the international leading level in areas such as green finance, inclusive finance, and digital finance, with mobile payments also at a leading level
On September 22 (Monday) at 3 PM, the State Council Information Office held a series of themed press conferences on "Achieving High-Quality Completion of the 14th Five-Year Plan." Pan Gongsheng, Governor of the People's Bank of China, Li Yunzhe, Director of the Financial Regulatory Administration, Wu Qing, Chairman of the China Securities Regulatory Commission, and Zhu Hexin, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, introduced the achievements of the financial industry during the 14th Five-Year Plan period and answered questions from reporters.
At the press conference on "Achieving High-Quality Completion of the 14th Five-Year Plan" held by the State Council Information Office on September 22, Governor Pan Gongsheng introduced that during the 14th Five-Year Plan period, China's financial sector has made new significant achievements. As of the end of June this year, the total assets of China's banking industry reached nearly 470 trillion yuan, ranking first in the world; the stock and bond market sizes ranked second in the world; and foreign exchange reserves have ranked first in the world for 20 consecutive years. At the same time, China is at the forefront of the world in green finance, inclusive finance, and digital finance, having basically established a multi-channel, wide coverage, safe and efficient cross-border payment and settlement network for the renminbi, with mobile payments at an internationally leading level.
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