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Quotable quotes of speakers at Annual Conference of Financial Street Forum 2022

By Sun Chi | | Updated: 2022-11-26 06:40
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Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, speaks at the 13th Lujiazui Forum 2021 in June 2021. [Photo/IC]

Persisting in opening-up to the outside world is always China's basic national policy. China's financial sector has entered a new stage of high-level opening-up. Since the 19th National Congress of Communist Party of China, the assets of foreign banks in China have increased by nearly 30 percent, and those of foreign insurance companies in China have risen by about 120 percent.

A number of foreign-controlled wealth management, capital management, fund and insurance group companies have started operations. China will always welcome foreign financial institutions with sound operations and excellent qualifications to participate in the Chinese market, share the growth opportunities.

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