Shenzhen municipal financial office and financial work committee said at a Nov. 3, 2026 cadre meeting they will press to convert learning into action, accelerate building industry and tech finance hubs, and seek breakthroughs in technology, industria

2026-11-03

Shenzhen municipal financial office and financial work committee said at a Nov. 3, 2026 cadre meeting they will press to convert learning into action, accelerate building industry and tech finance hubs, and seek breakthroughs in technology, industrial and cross‑border finance. Authorities will strengthen regulatory effectiveness and supervisory penetration to ensure compliant local financial operations, coordinate disposal of illegal financial activities, resolve risks at small‑ and medium‑sized financial institutions, prevent new risks formation, properly manage existing exposures and firmly uphold the bottom line of preventing systemic risk.