On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Council Information Office on October 12 that as of the end of June 2024, the core tier one capital adequacy ratio of six large state-owned banks averaged 12.3%. The Ministry of Finance will adhere to the principles of marketization and rule of law, and actively raise funds through the issuance of special treasury bonds and other channels in accordance with the idea of overall promotion, batch installment, and one line, so as to further increase the core tier one capital of large state-owned commercial banks in a stable and orderly manner. This work has been started and is waiting for banks to submit capital replenishment plans. The specific capital replenishment plans will be disclosed in a timely manner in accordance with relevant regulations and laws.