China's National Financial Regulatory Administration issued guidance on the secure development and deployment of AI in banking and insurance, calling for construction of an industry AI-application ecosystem and the development of AI application infrastructure to enable cross-sector sharing and reuse of AI outputs. The guidance urges large financial institutions to act as demonstrators and export AI technology and governance experience to smaller firms, supports collaboration among small and medi

China's National Financial Regulatory Administration issued guidance on the secure development and deployment of AI in banking and insurance, calling for construction of an industry AI-application ecosystem and the development of AI application infrastructure to enable cross-sector sharing and reuse of AI outputs. The guidance urges large financial institutions to act as demonstrators and export AI technology and governance experience to smaller firms, supports collaboration among small and medium-sized institutions to accelerate scenario implementation, and encourages closer coordination with the AI industry so financial applications drive industrial innovation and industrial成果 improve financial application quality and efficiency.