China released broad financial-sector reform agendas on September 10 for the 15th Five-Year Plan period, including the People's Bank of China's (PBOC) plan for building a financial powerhouse, its reform and development plan and nine action schemes, alongside a comprehensive China Securities Regulatory Commission (CSRC) capital-market framework. PBOC Deputy Governor Lu Lei said monetary stability and financial stability would be supported by a dual-pillar framework combining monetary policy with macroprudential management, or system-wide financial-risk oversight. The PBOC plans call for coordinated regulation and precise risk prevention by 2030 and a highly adaptive, competitive and inclusive financial system by 2035. CSRC Vice Chairman Li Chao outlined eight capital-market priorities, including market stability, institutional development, stricter enforcement, delisting, investor protection, listed-company quality, infrastructure and higher-level opening-up. The agenda includes broader IPO and merger-and-acquisition eligibility, stronger long-term capital, more effective fraud enforcement, world-class exchanges and standardized use of artificial intelligence in supervision.