Financials Sep 04, 2021 11:06 AM (GMT+8) · EqualOcean
Cailian, September 4 - at the international financial forum held on September 4, Zhou Liang, vice chairman of the China Banking and Insurance Regulatory Commission, said that risks in key areas were resolved in an orderly manner. Over the past four years, we have disposed of 8.8 trillion yuan of non-performing loans, more than the sum of the previous 12 years. High risk shadow banks have dropped by 23 trillion yuan compared with the historical peak. The reform and reorganization of small and medium-sized financial institutions have been steadily promoted, financial crimes have been severely punished, and the market order has obviously improved.

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