China's National Financial Regulatory Administration International Advisory Committee (IAC) met in Beijing on Oct. 19-20. Director Ding Xiangqun reviewed recent progress and set regulatory priorities for the 15th Five-Year period: risk prevention, stronger supervision, promoting high-quality development and expanded high-level opening-up. Delegates discussed financial risks under the current international environment and strategies for resolving financial institution stress, and reaffirmed confi

China's National Financial Regulatory Administration International Advisory Committee (IAC) met in Beijing on Oct. 19-20. Director Ding Xiangqun reviewed recent progress and set regulatory priorities for the 15th Five-Year period: risk prevention, stronger supervision, promoting high-quality development and expanded high-level opening-up. Delegates discussed financial risks under the current international environment and strategies for resolving financial institution stress, and reaffirmed confidence in China's economic resilience after achievements in the 14th Five-Year period. The meeting urged stronger policy coordination and cross-border regulatory cooperation amid rising global uncertainty; enhanced cross-border risk prevention and response; guidance for financial firms to adopt AI while tightening controls on new tech-related financial risks; and continuous improvement of early-warning and resolution mechanisms to prevent systemic risk.