China Economic Annual Conference: Positive progress made in resolving risks in key areas.

Today, at the 2025-2026 China Economic Annual Conference held at the China International Economic Exchange Center, Han Wenxiu, Deputy Director of the Central Finance and Economics Office in charge of daily work and Director of the Central Agricultural Office, stated that there has been positive progress in risk mitigation in key areas since the beginning of this year. Han Wenxiu introduced that local government's implicit debt has been orderly replaced, and the task of ensuring affordable housing has been fully completed. The reform and risk mitigation of important financial institutions at the local level has been effective, the cleanup of overdue payments to enterprises has been solidly promoted, and the bottom line of preventing systemic risks has been maintained.