The National Financial Regulatory Administration held an expanded Party committee meeting on March 16. The meeting emphasized that the entire financial system must act proactively, enhance quality and efficiency, and ensure early implementation of policies and measures to provide strong financial support for a successful start to the "16th Five-Year Plan" period. Key areas of risk must be resolved steadily and safely. Risks in small and medium-sized financial institutions should be addressed in an orderly and effective manner while firmly maintaining the bottom line of preventing systemic failures. The role of the "guaranteed housing delivery" white-list mechanism will be further strengthened, accelerating the establishment of a financing system compatible with the new real estate development model. Debt risk resolution for financing platforms will be supported in accordance with laws and regulations. Illegal financial activities will be strictly prevented, investigated, and penalized to safeguard the public's financial assets.