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Chairman of China Securities Regulatory Commission Wu Qing: Promoting the Layout and Application of Artificial Intelligence, Big Data, Blockchain, and Other Technologies in the Capital Market

Summary: During the 8th member meeting of the China Securities Association, Chairman of the China Securities Regulatory Commission Wu Qing stated that financial technology innovation is flourishing and profoundly changing or even reshaping the financial market ecosystem. Industry institutions should be adept at adapting, actively researching, steadily exploring, and promoting the layout and application of technologies ...

During the 8th member meeting of the China Securities Association, Chairman of the China Securities Regulatory Commission Wu Qing stated that financial technology innovation is flourishing and profoundly changing or even reshaping the financial market ecosystem. Industry institutions should be adept at adapting, actively researching, steadily exploring, and promoting the layout and application of technologies such as artificial intelligence, big data, and blockchain in the capital market. He mentioned that the Commission will work with industry associations to facilitate innovative pilot projects in the securities industry, enrich regulatory sandbox scenarios, and enhance monitoring, supervision, and risk response mechanisms for financial innovation activities. (Zhitong Finance)

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