The China Banking and Insurance Regulatory Commission held a thematic collective study and research activity focused on supporting technology finance and digital finance and responding to the rapid evolution of artificial intelligence in the financial sector. Party secretary and chairman Li Yunze called for faster work on policies for digital finance development and regulation, an accelerated shift to digital and intelligent supervision, and a prudent approach to expanding AI use in finance alongside strengthened risk prevention. The study group conducted on-site research at three companies in Beijing, heard briefings and held a dedicated exchange. Priorities highlighted included tracking global AI development and application frontiers, strengthening policy research for digital finance supervision, steadily advancing AI applications in financial services, and addressing risks and challenges arising from AI. The update also emphasised improving the technology finance framework and service system, deepening technology finance pilot programmes, and better aligning financial services with the development of AI and other “new quality productive forces” toward beneficial, safe and fair outcomes.

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