According to PANews, the Financial Stability Bureau of the People's Bank of China published a column article stating that under the leadership of the Party Central Committee and the State Council, it has focused on the three tasks of serving the real economy, preventing and controlling financial risks, and deepening financial reforms, and has resolutely fought the tough battle to prevent and resolve major financial risks. It has orderly handled and resolved a number of prominent risk points that have a large impact, are urgent, and are of global significance, and has maintained the country's economic and financial security and overall financial stability.
We have comprehensively cleaned up and rectified the financial order. The special rectification of Internet financial risks has achieved good results. All P2P online lending institutions have been closed. The rectification work in the fields of Internet asset management, equity crowdfunding, Internet insurance, virtual currency trading, and Internet foreign exchange trading has been basically completed. We will further promote the rectification of risks in local financial asset exchanges, pseudo-gold exchanges, and third-party wealth management companies, severely crack down on illegal fundraising, and resolutely curb the speculation of virtual currency transactions in China. We will continue to increase the intensity of money laundering investigations.
