(central Bank: the impact of the bankruptcy of Silicon Valley banks on China's financial market can be controlled] the people's Bank of China said in a column on the implementation of monetary policy in the first quarter of 2023 that China's financial institutions have small exposure to Silicon Valley banks. the impact of the bankruptcy of Silicon Valley banks on China's financial market can be controlled. China's financial institutions have little exposure to Silicon Valley banks, and the impact of the bankruptcy of Silicon Valley banks on China's financial market can be controlled, the central bank said. At present, China's financial system is operating steadily, the banking industry, which accounts for more than 90% of the total financial assets, is generally stable, and the vast majority of banking financial institutions are within the safe boundary. 24 large banks, which account for about 70% of the total assets of the banking industry, have maintained good ratings. The central bank said that financial regulators will continue to strengthen the construction of the financial stability guarantee system and firmly adhere to the bottom line that systemic financial risks will not occur.