Pan Gongsheng, People's Bank of China: Strengthen financial supervision comprehensively and crack down on financial corruption severely.

date
22/09/2025
On September 22, when introducing the achievements of the development of the financial industry during the "14th Five-Year Plan" period, Pan Gongsheng, Governor of the People's Bank of China, stated at a press conference of the State Council Information Office that during the "14th Five-Year Plan" period, the overall financial risks in China were controllable, and the financial system operated steadily, providing strong support for high-quality economic development. In this process, we have summarized and extracted some important experiences, comprehensively strengthened financial supervision, and harshly cracked down on financial corruption. Financial supervision is the first line of defense against financial risks. We must strengthen the monitoring, early warning, evaluation capabilities of financial risks, identify, warn, expose, and handle financial risks early, and seriously investigate and punish acts of dereliction of duty in financial supervision and all kinds of corruption and misconduct.