On May 20th, the Party Committee's Theoretical Study Center Group at the State Administration of Financial Regulation engaged in collective learning and dedicated research centered on the theme, "Implementing Xi Jinping's Economic Thoughts, Advancing Fintech and Digital Finance, and Facilitating the Adoption of New Technologies like Artificial Intelligence in Finance." This event was spearheaded by Li Yunze, Secretary of the Party Committee and Director of the Administration, with the active participation of all members of the Party Committee's Center Group. Li Yunze presided over a special exchange session and delivered a closing address, highlighting that amidst the rapid advancement of next-generation artificial intelligence technology, financial regulatory bodies must stay abreast of global trends, grasp the developmental principles and frontier applications of AI, intensify policy research, drive the digital and intelligent transformation of regulation, ensure the secure utilization of AI in finance, and effectively mitigate associated risks.
He further emphasized that financial services ought to serve the real economy, continually refine the fintech system and service framework, deepen fintech pilot programs, and uphold independent innovation to better bolster the healthy and orderly progression of emerging technologies, including artificial intelligence, in China.
