People's Bank of China: Advance Financial Support for the Development of the Artificial Intelligence Industry

Pan Gongsheng, Governor of the People's Bank of China, stated at the opening ceremony of the 2026 Financial Street Forum Annual Conference that the rapid global development of artificial intelligence is exerting profound impacts on productivity, investment, employment, income distribution, financial stability and other domains. From the perspective of the People's Bank of China, it will closely track and assess the macroeconomic impacts of artificial intelligence development, deliver robust financial support for the growth of the artificial intelligence industry, and steadily promote the application of artificial intelligence in the financial sector.

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