This book is a collection of research results in recent years about the systemic risk research, financial risk measurement and active prevention of system and regional financial risk, reveals the risk formation, evolution, and conduction mechanism, quantitative evaluats the systemic and regional financial risks,identifies the risk contribution of systemically important financial institutions, researches the risk of local government debt caused by the regional financial risk and to identify the "shadow banking" exposure, analyzes the changes in the risk under the pressure of China's financial system, describes the relevance of macro prudential supervision index system and financial system pressure, analyzes the interaction between the financial system and the real economy, which is of great theoretical and practical significance to improve our ability to resist economic risks and financial risks, to achieve financial stability and to ensure the stable development of the economy.