The CCP leadership wants to avoid financial risks or defuse them as quickly as possible. The Communist Party’s Politburo announced on Monday that this was a matter of national security and crucial for the prosperity of the Chinese people. The Politburo agreed that the revision would send a „strong signal“ to hold officials accountable and ensure that financial regulations „have teeth,“ the official Xinhua news agency wrote. Xinhua did not reveal details of the rules adopted at the meeting.