The State Administration of Financial Supervision and Administration of China held a mid year work conference in 2026 to deploy measures to prevent financial risks

The State Administration of Financial Supervision and Administration stated at the mid-2026 work conference that it will steadily promote the reform of small and medium-sized financial institutions into insurance, effectively prevent and resolve risks in key areas. The State Administration of Financial Supervision and Administration of China emphasizes that resolving downside risks is a key focus, adheres to strict supervision, accelerates institutional reform and transformation, promotes differentiated positioning, improves industry ecology, and enhances the quality and efficiency of financial services. At the same time, it deploys support for safety production and emergency financial services.