BCG's Zhang Sees Reform Implementation at China's NPC

The transcript discusses the agenda of an MPC meeting, focusing on financial reform, tax reform, and market mechanisms. It highlights challenges in China's financial regulation, particularly the need for better coordination among regulators. The health of large and small banks is analyzed, with optimism for large banks but concerns for smaller ones. The PBOC's role in market operations and the need for a market rate mechanism are also discussed.

What are the major challenges discussed in relation to the five-year agenda?

What is the significance of the upcoming MPC meeting mentioned in the text?

How does the speaker describe the current state of the financial sector in China?

What are the implications of having separate regulatory structures for different financial sectors?

What concerns are raised about smaller banks, particularly rural banks?

What is the expected stance of the PBOC in the upcoming meetings?

What challenges does the speaker identify regarding the market rate building mechanism?