People's Bank of China Governor Pan Gongsheng attended the Fourth Session of the 14th National People's Congress Economic Press Conference and stated that over the past year, overall, financial risks in key areas have been orderly resolved, the operation of the financial system and financial markets has remained stable, and risks in key areas have continued to converge. The People's Bank of China, together with relevant departments, maintains a high-pressure crackdown on illegal financial activities such as illegal fundraising, virtual currency trading and speculation, and underground banks.

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