Strong measures will be taken to prevent and control major risks in the financial and other sectors and to forestall systemic risks.

加强金融等领域重大风险防控，坚决守住不发生系统性风险底线。

Like this week, Moody's warned of the systemic risks created by the growing private credit industry, and that's part of private equity.

就像本周，穆迪被警告不断增长的私人信贷行业造成了系统性风险，而这正是私募股权的一部分。

They are vulnerable to systemic risks.

他们很容易受到系统性风险的影响。

We will improve the mechanism for managing financial risks, see responsibilities are fulfilled by all the stakeholders, and ensure that no systemic risks arise.

完善金融风险处置工作机制，压实各方责任，坚决守住不发生系统性风险的底线。

The objective should be to create an environment where innovation thrives but does not lead to systemic risks.

目标应该是创造一个创新蓬勃发展但不会导致系统性风险的环境。

And the returns for all their leverage and all their systemic risk, return on equity, not that high in banking right now.

他们所有的杠杆和所有系统性风险的回报，股本回报率， 目前在银行业并不高。

China's fiscal and financial systems are on the whole stable, and we have many policy tools available, so we are fully capable of ensuring that no systemic risks will emerge.

（九）推动全方位对外开放，培育国际经济合作和竞争新优势。

Yet those fintechs are disclosing regulatory gaps which, if not closed both domestically and on a cross-border basis, can actually lead to systemic risks. And you want to guard against that. Transform safely, and be more inclusive!

然而，金融科技的崛起也暴露了国内和跨境监管中的漏洞，如果不能弥合，可能会导致系统性风险。不要去冒这个险，安全地实现转型，提高包容程度。