Finance Regulatory Bureau: Promoting better aggregation of financial resources towards emerging industries and future industries.

At the 2026 Lujiazui Forum held this morning, Ding Xiangqun, director of the China Banking and Insurance Regulatory Commission, said that we must always regard serving the real economy as the foundation of financial development, optimize the structure of capital supply, and focus on the "five major initiatives" in finance. Efforts should be made to promote the development of new productive forces. It is necessary to continuously improve the comprehensive science and technology financial service system, strengthen financing support and insurance protection, and promote the better convergence of financial resources to emerging industries and future industries. Efficiently support the strategy of expanding domestic demand. Financial regulatory authorities should guide financial institutions to actively participate in the coordinated promotion of fiscal and financial measures to boost domestic demand, support the implementation of special actions to boost consumption and enhance the capabilities and quality of services in the service industry, and strengthen financial services for major projects in the "15th Five-Year Plan". Strengthen financial security in weak areas. Promote the qualitative and effective development and reasonable growth of loans to small and micro enterprises. Develop inclusive products specifically for new employment groups such as truck drivers, ride-hailing drivers, delivery workers, and food delivery workers. Continuously improve the level of disaster prevention, reduction, and relief financial services, and strengthen the defense line for people's livelihood security. Ding Xiangqun also stated that it is necessary to strengthen overall planning, steadily promote the reduction and improvement of small and medium-sized financial institutions, optimize the layout according to local conditions, promote institutions to supplement capital through multiple channels, enhance the ability to resist risks and achieve sustainable development. Emphasize the combination of regulation and strong governance. Strictly enforce market discipline, crack down on disorderly competition, fiercely combat financial "black and gray industries", firmly implement the integration of insurance and banking, and effectively maintain financial market order. Urge financial institutions to firmly establish the correct business philosophy, performance outlook, and risk outlook, improve governance mechanisms, strengthen incentives and constraints, and shift from pursuing speed and scale to focusing on quality and efficiency.