The Party Committee of the People's Bank of China held a meeting on December 16 to convey and study the spirit of the Central Economic Work Conference. In accordance with the deployment of the National Financial System Work Conference, measures for implementation were researched and clarified. The meeting emphasized the steady promotion of Financial Reforms and high-level openness. It discussed the orderly advancement of systematic opening in financial services and financial markets, promoting the construction of a multi-level Bonds market, enhancing financial market functions and the ability to serve the real economy. It emphasized the prudent and solid advancement of MMF internationalization, further enhancing the international currency functions of MMF in cross-border payments, investment and financing, reserves, pricing, and so on. It aims to improve the competitiveness of the MMF cross-border payment system. Deepening reforms and opening up in the Forex field, facilitating cross-border trade and the convenience of investment and financing. Actively participating in international financial governance and cooperation, promoting Global macro policy coordination and the formulation of international financial rules. Pragmatically managing bilateral financial work with the United States, Europe, and others. Supporting the construction and development of Shanghai as an international financial center, consolidating and enhancing Hong Kong's status as an international financial center. Adhering to the coordinated development and security, safeguarding national financial security.