The People’s Bank of China, together with the People’s Government of Guangxi Zhuang Autonomous Region, held a promotion conference in Beijing on advancing Guangxi’s high-level construction of a “financial open gateway” for the Association of Southeast Asian Nations. The meeting affirmed the effectiveness of work to date and set out next-step priorities and related requirements. Vice Governor Lu Lei highlighted priorities including accelerating a new pattern of all-round financial cooperation with ASEAN, improving the quality and efficiency of financial services in key areas aligned with major national development strategies, using artificial intelligence to enhance financial institutions’ service efficiency and management capabilities, strengthening ASEAN-focused financial exchanges to build greater regional financial governance consensus, and improving the policy support system through better coordination. Guangxi officials said the region would leverage its geographic advantages, strengthen implementation and territorial responsibilities, develop specific implementing measures, and focus on ensuring that support policies are executed and deliver results; participants included representatives from central financial authorities, financial regulators, the State Administration of Foreign Exchange, Guangxi officials, financial institutions and experts.

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