A comprehensive financial statistics system has been formed while the asset management products have been innovatively incorporated in the statistics. The macro-oriented specialized statistics and credit-policy statistics have been strengthened to serve financial regulation and prevent and control systemic financial risks. The construction of a modern payment and clearing system has been accelerated.
Even if one holds a benign view of higher levels of household debt, at a certain point, people will have increased their leverage to its new equilibrium level (or, if you are a pessimist, beyond that point).