Li Yunze: Foreign institutions are important participants and active contributors to the construction of China's modern financial system.

date
18/06/2025
On June 18, Li Yunze, Director of the Financial Regulatory Bureau, stated at the 2025 Lujiazui Forum that currently, 42 of the world's top 50 banks have branches in China, and nearly half of the 40 largest insurance companies have entered China. 80% of national banks have effectively improved corporate governance and operational management levels by introducing foreign strategic investors. The complementary advantages of domestic and foreign institutions promote competitive development, enriching institution types and product services to better meet diverse financial demands. Practice has proven that foreign institutions are important bridges and links for attracting investment, intelligence, and technology, as well as important participants and contributors to the construction of China's modern financial system.