The Party Committee of the People's Bank of China held a meeting to convey the spirit of studying the Central Economic Work Conference. The meeting emphasized the steady and effective prevention and mitigation of financial risks in key areas. Explore and expand the macroprudential and financial stability functions of the central bank, innovate financial instruments, implement the two monetary policy instruments to support the steady development of the capital market, and maintain financial market stability. In accordance with the principles of marketization and rule of law, we actively support the proper handling of the risks of local small and medium-sized financial institutions, continue to do a good job of mitigating debt risks on financial support and financing platforms, and support the real estate market to stop falling and stabilizing.