We will explore ways to establish a system of prudent macro management, strengthen the monitoring of the cross-border flow of capital, and guard against all kinds of financial risks.

探索建立宏观审慎管理制度，强化对跨境资本流动的有效监控，防范各类金融风险。

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Under Germany's highly decentralised federal system, the police (other than the federal border guard), the judiciary and the education service are all the responsibility of the individual states.

ECONOMIST: Charlemagne