The State Administration of Financial Supervision: Firmly safeguard the bottom line of preventing systemic financial risks

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The 2026 Lujiazui Forum is being held today in Shanghai.
The forum emphasized that in the face of global development and governance challenges, only mutual respect, peaceful coexistence, and win-win cooperation based on international rules and multilateralism are the right path.
China will continuously improve financial rule of law and unwaveringly safeguard national financial security.
China is willing to work with all parties to strengthen global financial governance cooperation and jointly address risks and challenges.
Ding Xiangqun, Director of the China Banking and Insurance Regulatory Commission:
Adhere to a goal-oriented and problem-oriented approach, and firmly uphold the bottom line of ensuring that systemic financial risks do not occur.
Based on sound legal systems, accelerate the revision and implementation of the Banking Supervision Law and Insurance Law,
Targeted improvement of regulatory rules, and continuously enhance the adaptability of financial law and practice.
(News from CCTV)
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