Pan Gongsheng: During the "14th Five-Year Plan" period, we achieved the dual goals of currency stability and financial stability.

On September 22, Pan Gongsheng, the governor of the People's Bank of China, stated at a press conference at the State Council Information Office that during the 14th Five-Year Plan period, the People's Bank of China will focus on improving the dual-pillar regulation framework of monetary policy and macro-prudential policy, aiming to achieve the dual goals of currency stability and financial stability. The accelerated improvement of the central bank system provides solid support for the construction of a strong financial country and high-quality economic development. First, to establish a scientifically sound monetary policy system, China's unique modern monetary policy framework has been initially formed and continuously improved, effectively promoting reasonable growth of the overall financial volume, steady decline in financing costs, and continuous optimization of the credit structure, thus maintaining currency stability. Second, to improve the macro-prudential policy framework and the system for preventing and disposing of systemic financial risks. Third, to improve the financial market and financial market infrastructure system. The introduction of a "technology board" in the bond market has basically established a multi-level bond market framework. China's market is orderly connected with global financial markets, and the participation of foreign capital is steadily increasing. Fourth, to build a new open financial system at a higher level.