Li Yunze: China has a vibrant and potential-laden super large-scale market, which has been, is now, and will inevitably be a fertile ground for global financial institutions to expand and thrive.

Director of the China Banking and Insurance Regulatory Commission, Li Yunze, stated at the 2025 Lujiazui Forum that globally, finance is creating opportunities through openness and mutual cooperation, better supporting the stable growth of the world economy. Open cooperation is an irreversible trend in the development of finance. Economic globalization is not only an objective requirement for the development of social productivity, but also an inevitable result of technological progress. Finance permeates various fields such as production, trade, and investment, driving the flow of capital, technology, and talent, and is an important support for the stability and smooth operation of the global industrial supply chain. Currently, cross-border finance is flourishing, with financial markets interconnected and international capital globally allocated, injecting strong momentum into world economic development and technological innovation. Looking ahead, economic globalization is unstoppable, and expanding financial openness is imperative. Countries should follow the trend, work together, and jointly uphold the path of open cooperation. China's prospects for high-level financial openness are broad. Over the past forty years of reform and opening up, China has created two major miracles of rapid economic development and long-term social stability. The financial industry has also maintained healthy development and overall stability. In the current global economic changes, the certainty and stability of China's development environment are more prominent. China has a dynamic and potential super-sized market, which has been, is now, and will inevitably be a fertile ground for global financial institutions to expand and prosper.