The China Banking and Insurance Regulatory Commission holds a symposium for foreign financial institutions in Hainan.

On November 18, as the countdown to the final month of the island-wide closure of Hainan Free Trade Port began, the Financial Regulatory Bureau held a symposium for foreign financial institutions in Haikou to understand the operations and development plans of the institutions and to listen to relevant opinions and suggestions. Li Yunze, Secretary of the Party Committee and Director of the Financial Regulatory Bureau, chaired the meeting. Li Yunze stated that it is necessary to adhere to a scientific market positioning, focus on core business, improve governance, fully leverage professional advantages in wealth management, pension finance, green low-carbon, cross-border services, etc., to achieve specialized operation and differentiated development. It is important to grasp major opportunities, actively serve the cross-border financial needs of Hainan, recommend more high-quality international companies to invest and start businesses in Hainan, introduce more professional talents, and provide strong support for the construction and high-quality development of Hainan Free Trade Port.