The People's Bank of China (PBOC) Beijing Branch's 2025 Work Conference: Strengthening Rule of Law Central Bank Construction and Optimizing the Capital's Business Environment

The People's Bank of China (PBOC) Beijing Branch's 2025 Work Conference: Strengthening Rule of Law Central Bank Construction and Optimizing the Capital's Business EnvironmentBeijing Business Daily reported (Reporter Liu Sihong) that according to a January 14th announcement from the PBOC Beijing Branch, a 2025 work conference was recently held. The conference summarized the work of 2024, deeply analyzed the current situation, and comprehensively arranged and deployed key tasks for 2025

The People's Bank of China (PBOC) Beijing Branch's 2025 Work Conference: Strengthening Rule of Law Central Bank Construction and Optimizing the Capital's Business Environment

Beijing Business Daily reported (Reporter Liu Sihong) that according to a January 14th announcement from the PBOC Beijing Branch, a 2025 work conference was recently held. The conference summarized the work of 2024, deeply analyzed the current situation, and comprehensively arranged and deployed key tasks for 2025. The conference emphasized that strengthening the construction of a rule-of-law central bank will be a core task in the new year, permeating all aspects of the PBOC Beijing Branch's work.

The conference pointed out that in 2025, the PBOC Beijing Branch will continue its long-term efforts to optimize the capital's payment environment. This will mainly be reflected in the comprehensive promotion of two bank card and communication card integrated service products, providing citizens with a more convenient and efficient payment experience. Simultaneously, it will actively promote the orderly expansion of the integrated RMB and foreign currency bank settlement account system, simplifying cross-border payment processes, reducing enterprise transaction costs, and further enhancing the capital's internationalization level.

Regarding optimizing the capital's business environment, the conference stressed the importance of continuously advancing the construction of the national credit information sharing platform for small and micro enterprises. Through the construction of this platform, it is possible to effectively solve the problems of financing difficulties and high financing costs for small and micro enterprises, promoting their healthy development and injecting new vitality into the capital's economic development. This requires the PBOC Beijing Branch to strengthen cooperation with relevant departments to jointly promote the platform's construction and improvement, ensuring the security, reliability, and efficiency of information sharing.

The conference also specifically emphasized the importance of payment industry governance. The PBOC Beijing Branch will continue to strengthen supervision of the payment industry, severely crack down on illegal payment activities, maintain order in the payment market, and ensure payment security. At the same time, it will optimize credit reporting supervision and services, improving the quality and service level of credit information, providing financial institutions and enterprises with more reliable credit information references. Furthermore, it will continue to strengthen anti-money laundering supervision, resolutely cracking down on money laundering criminal activities, and maintaining financial safety and stability.

To adapt to the trend of fintech development, the PBOC Beijing Branch will vigorously promote fintech applications and digital transformation. This includes actively promoting the application of digital RMB, expanding its coverage, improving its convenience and security, and allowing more citizens to experience the convenience it brings. It will also promote the application of fintech in payment, settlement, and supervision, improving the efficiency and level of financial services.

In addition, the conference emphasized the importance of improving treasury management. This will be achieved by improving treasury management systems, optimizing treasury business processes, improving fund management efficiency, and better serving government fiscal expenditures and public services. Simultaneously, the PBOC Beijing Branch will continue to optimize cash services and crack down on the refusal to accept cash, protecting the legitimate rights and interests of the people and maintaining good social order.

In terms of improving service quality, the conference demanded high-quality financial industry comprehensive statistical work, ensuring the accuracy and completeness of statistical data, and providing reliable data support for government decision-making. At the same time, it is necessary to effectively improve the efficiency of investigation and research and information work, promptly grasp the dynamics of the financial market, accurately assess financial risks, and provide information assurance for the effective conduct of various tasks.

In summary, the overall goals of the PBOC Beijing Branch's 2025 work are: strengthening rule-of-law central bank construction, optimizing the capital's business environment, improving financial service levels, and maintaining financial safety and stability. Through a series of measures, the PBOC Beijing Branch will contribute more to the capital's economic development and social stability. The conference clarified the specific goals, tasks, and responsibilities of various tasks, requiring all departments and units to earnestly implement the spirit of the conference, with greater enthusiasm and a more pragmatic style, to ensure the successful completion of various work goals.

The successful convening of the conference marks the beginning of a new journey for the PBOC Beijing Branch in the new year, contributing to the high-quality development of the capital's economy and the construction of a strong socialist modern country. The implementation of the conference spirit will have a positive and far-reaching impact on Beijing's financial development and economic construction. In the coming year, we will see the PBOC Beijing Branch achieve greater success in optimizing the payment environment, improving the business environment, and strengthening financial supervision. This will not only benefit Beijing citizens but also provide valuable experience and reference for financial development in other regions of the country.