摘要
China’s central bank is paying unprecedented attention to the stability of the financial sector. On May 24, the People’s Bank of China (PBC), the country’s central bank, issued the Financial Stability Report 2013, saying that one of the key tasks for 2013 would be to improve the system of monitoring, assessing and disposing of systemic risks, which include local government debt and shadow banking.
China＇s central bank is paying unprecedented attention to the stability of the financial sector. On May 24, the People＇s Bank of China （PBC）, the countr＇s central bank. issued the Financial Stability Report 2013, saying that one of the key tasks for 2013 would be to improve the system of monitoring assessing and disposing of systemic risks, which include local government debt and shadow bankinp.
