The State Administration of Financial Supervision and Administration stated on January 15th that it will strictly prevent and resolve risks in related fields by 2026. Promote the normalization of the coordination mechanism for urban real estate financing and help build a new model for real estate development. Support the resolution of debt risks for financing platforms in accordance with laws and regulations. Strictly prevent and crack down on illegal financial activities. On January 15th, the State Administration for Financial Regulation held the 2026 Regulatory Work Conference. The meeting emphasized that 2026 is the starting year of the 15th Five Year Plan, and we must effectively enhance our political stance, strengthen our sense of responsibility, take proactive actions, plan ahead, and solidly promote greater achievements in regulatory work. The State Administration for Financial Regulation stated that it is necessary to effectively and orderly promote the risk resolution of small and medium-sized financial institutions, focus on dealing with existing risks, resolutely curb incremental risks, and firmly hold the bottom line of not "exploding mines". We must effectively improve the high-quality development capability of the industry, make overall planning, steadily promote the reduction and improvement of small and medium-sized financial institutions, and reasonably optimize the institutional layout. Thoroughly rectify disorderly competition and continuously regulate industry order. Urge banks and insurance institutions to focus on their main business and develop in a differentiated manner. Promote high-level opening up of finance to the outside world. The State Administration for Financial Regulation stated that it will comprehensively strengthen and improve financial supervision, focus on substantive risks, solve practical problems, continuously strengthen the "five major supervisions", enhance the ability to regulate in accordance with the law, and implement classified and graded supervision. Accelerate the design and construction of the "Financial Supervision Project". Solidly fulfill the responsibility of coordinating financial consumer protection. Effectively utilize the overall efficiency of the 'four level vertical pipe'. Actively participate in international financial governance reform. In terms of improving the quality and efficiency of financial services to the economy and society, the State Administration for Financial Regulation stated that it is necessary to do a good job in the "five major articles" of finance, adhere to the close combination of investment in goods and investment in people, and continue to increase support for major strategies, key areas, and weak links. Strengthen financial supply to promote consumption and expand investment, and efficiently serve the strategy of expanding domestic demand. Optimize technology and financial services, actively cultivate patient capital, and assist in the development of new quality productivity. Strengthen financial support for livelihood areas such as emergency disaster relief, elderly care and health, and comprehensive rural revitalization. Better play the role of supporting the financing coordination mechanism for small and micro enterprises, optimize financial services for new employment groups, and focus on promoting stable enterprises and employment. (New Society)