In 2012, China's banking regulators established a comprehensive risk regulatory framework, encouraged financial institutions to support the real economy, promoted the transformation of commercial banks, protected financial consumer, and strengthened supervision of systemically important banks. As a result, no regional and systemic risk is at a minimum. In 2013, China's banking regulators will continue to prevent financial risks, support the development of the real economy, promote banking reform, and improve the efficiency of financial supervision. <<