SAFE: Safeguarding the Security, Liquidity, and Value of Foreign Exchange Reserves

On October 19, Zhu Hexin, Vice Governor of the People's Bank of China and Director of the SAFE, stated at the opening ceremony of the 2026 Financial Street Forum Annual Meeting that the agency will continue to strengthen monitoring and early warning systems for cross-border capital flows and macro-prudential management, crack down on illegal cross-border financial activities, maintain stable and healthy operation of the foreign exchange market, and safeguard the security, liquidity, and value appreciation of foreign exchange reserves. (Securities Times)