In 2023, China bid farewell to the pandemic and restarted its economic engine, with various industries eagerly anticipating a recovery. However, the sudden collapse of Silicon Valley Bank at the beginning of the year not only had a significant impact on the global financial industry but also triggered in-depth reflections within China's banking sector. This led to a series of activities, including enhancing banks' risk management for liquidity, reducing the transmission of systemic risks within the industry, and perfecting banking regulations.
