China to improve financial services further: official

BEIJING - China will continue improving financial services in the fields of financing, investment and industrial development, as well as in the domestic and international markets, according to Li Yunze, head of the National Financial Regulatory Administration (NFRA), on Monday.

The NFRA will provide efficient services for the construction of a modern industrial system and the development of new quality productive forces, Li said at the Annual Conference of Financial Street Forum 2025.

"We will steadfastly deepen reform and expand opening-up, and we will constantly enhance the impetus and vitality of the financial industry," he said, calling for a diverse, orderly, healthy and sustainable financial ecosystem.

Broadening the scope and increasing the level of the financial sector's institutional opening-up are imperative, alongside the full implementation of the system of pre-establishment national treatment plus a negative list, he said.

The official also stressed the importance of efforts to consolidate the achievements of risk treatment work, as well as efforts to ensure the robust, stable operations of the financial system and enhance the efficiency of financial supervision.