China News Service, Beijing, November 13 (Reporter Xia Bin) Sun Tianqi, director of the Financial Stability Bureau of the Central Bank of China, delivered a speech at the 2020 China Development Forum in Beijing on the 12th, saying that since the 19th National Congress of the Communist Party of China, the battle to prevent and resolve financial risks has achieved substantial Sexual breakthroughs have strengthened the resilience of the financial system.

　　Sun Tianqi said that the key risk disposal projects in the three-year financial risk battle have reached the expected goals.

The excessively rapid increase in the macro leverage ratio has been effectively curbed, leaving room for the response to the epidemic in 2020.

The disorderly development of shadow banking has been effectively managed.

The key high-risk institutions are dealt with in an orderly manner.

The risks of Internet finance and illegal fund-raising have been fully managed.

　　Sun Tianqi believes that the current external risks that need to be paid attention to in the financial sector mainly come from: the possibility of a continued global economic recession under the global pandemic of the epidemic; the impact of the ultra-loose monetary and fiscal policies adopted by developed countries in response to the epidemic on emerging market countries such as China; It may exacerbate the trend of anti-globalization and hinder the circulation of global industrial chains and supply chains.

　　Internal risks need to be paid attention to: Affected by the epidemic, the growth rate of the macro economy has declined. In order to fight the epidemic, the financial system will stabilize the real economy and expand credit supply, which will push up the macro leverage ratio in the short term; pay attention to the impact of the epidemic on the asset quality of commercial banks As a result of the impact, commercial banks need to proactively increase provisioning and increase the disposal of non-performing assets; the two-way fluctuation of the RMB exchange rate has increased, and market players’ awareness and ability of exchange rate risk management need to be improved.

　　Sun Tianqi said that the next step is to increase macro policy adjustment and steadily advance various risk mitigation tasks.

He specifically mentioned that it is necessary to deepen the opening up of the financial industry, implement the financial opening measures that have been introduced, study and launch new financial reform and opening measures, promote the full implementation of the pre-access national treatment plus negative list system, and set unified access standards , Promote systematic and institutionalized opening, continuously improve the business environment, treat all types of ownership entities equally, give play to the basic system of the competition system, and closely cooperate with expanding opening and strengthening supervision to effectively prevent and defuse financial risks.

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