Wu Qing: Securities companies need to continuously innovate financial products on the basis of risk control.

On December 6th, at the eighth member meeting of the China Securities Industry Association, Wu Qing, Chairman of the China Securities Regulatory Commission, delivered a speech on the high-quality development of the securities industry. Wu Qing pointed out that the securities industry is at the forefront of the market economy and must continuously innovate financial products on the basis of risk control to better meet the needs of various investors and the market. Currently, financial technology innovation is booming, deeply changing and even reshaping the financial market ecosystem. Industry institutions should be good at thinking, adapting, and seeking change, actively researching, steadily exploring, and promoting the layout and application of technologies such as artificial intelligence, big data, and blockchain in the capital market.