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National Administration of Financial Regulation: Bring All Financial Activities Under Regulation in Accordance with the Law

The opening ceremony of the 2026 Financial Street Forum Annual Meeting was held this afternoon in Beijing. Ding Xiangqun, Director of the National Administration of Financial Regulation, stated that at present, China's banking and insurance sectors maintain overall stable operation, large institutions operate robustly, the reform and risk resolution of small and medium-sized institutions are being advanced in an orderly manner, and risks are generally under control. The National Administration of Financial Regulation, in collaboration with relevant parties, has severely cracked down on illegal financial activities, strengthened supervision over cross-regional, cross-departmental, and new-format, new-product financial activities, brought all financial activities fully under regulation in accordance with the law, and strived to achieve full coverage without exceptions.

Source: PANewsRead original