On October 21, at a parallel session of the 2026 Financial Street Forum Annual Conference held the previous day, Liu Haoling, Vice Chairman of the China Securities Regulatory Commission (CSRC), emphasized that artificial intelligence (AI) is a driving force behind the high-quality development of the capital market. However, he stressed the need to strike a balance between development and security. We should not turn a blind eye to the risks associated with technological advancements, nor should we impede progress due to fear of these risks.

Liu Haoling proposed enhancing the comprehensive governance system and establishing a full lifecycle management mechanism. This mechanism would encompass access assessment, dynamic monitoring, and emergency response to effectively manage potential risks. At the same time, he highlighted the importance of exploring AI governance paths that are tailored to the unique realities of China's capital market. This involves clarifying the boundaries and risk tolerance levels for high-value application scenarios and setting up a credibility assessment system to ensure responsible use of AI.

Furthermore, Liu Haoling underscored the necessity of actively integrating into the national AI development landscape. He called for strengthened collaboration with industry participants and research institutions to collectively drive progress in the field. By working together, we can harness the full potential of AI while effectively managing associated risks.