PBOC: Leverage levels stabilizing, gradually falling

China's leverage levels are stabilizing and gradually falling. Under the new financial regulatory framework, China is already dealing with already surfacing risks in financial and quasi-financial institutions to maintain the health of the financial system. The central bank will play a more important role in the country's new regulatory framework.

Zhou Xiaochuan, central bank governor, attends a news conference on the sidelines of the annual session of the National People's Congress in Beijing on March 9, 2018. [Photo/VCG]