The 13th Congress of the Communist Party of China (CPC) in Beijing opened this morning (June 27). Comrade Cai Qi delivered a report on the Party Congress. The report mentioned that we should give full play to the role of local financial regulatory coordination and risk management mechanisms, and strictly prevent and deal with risks in finance and other areas in an orderly manner. We will strengthen supervision over the economic operation and data security of the platform, and support and guide the healthy development of capital standards. Strictly standardize the behavior of government borrowing and financing, defuse the risk of government debt, and curb the increase of hidden debt. We will improve the ability of open supervision.
北京将加强对平台经济经营行为、数据安全等监管
Beijing will strengthen supervision over the economic operation and data security of the platform.
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