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What do you mean, a line of three meetings?
"One line, three meetings" refers to the abbreviations of the four financial supervision departments: China People's Bank, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission. This term originated in 2003, and the "Three Meetings" constituted the pattern of separate supervision of China's financial industry. A line of three meetings will all implement vertical management.

People's Bank of China: The People's Bank of China (PBOC) is the central bank of People's Republic of China (PRC) (China) and a department of People's Republic of China (PRC) (China) and the State Council. Under the leadership of the State Council, formulate and implement monetary policies, prevent and resolve financial risks, and maintain financial stability.

China Banking Regulatory Commission: Established on April 25th, 2003, it is a ministerial organization directly under the State Council. According to the authorization of the State Council, we shall uniformly supervise and manage banks, financial asset management companies, trust and investment companies and other deposit-taking financial institutions, and safeguard the lawful and steady operation of the banking industry.

China Securities Regulatory Commission: China Securities Regulatory Commission is a ministerial-level institution directly under the State Council. According to laws and regulations and the authorization of the State Council, it uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market and ensures its legal operation.

China Insurance Regulatory Commission: Established on June 5438+0998165438+10/8, it is a ministerial organization directly under the State Council, performing the administrative functions authorized by the State Council, uniformly supervising and managing the national insurance market according to law, and maintaining the legal and steady operation of the insurance industry. A new insurance supervision system has been established, including macro supervision by the central bank and micro supervision by China Insurance Regulatory Commission.