China’s financial sector is stepping up to drive high-quality economic and social development, officials announced at a press conference hosted by the State Council Information Office on Thursday. Xiao Yuanqi, vice minister of the National Financial Regulatory Administration, emphasized new strategies to align finance with sustainability goals and tech innovation. 💡
🔑 Key priorities include:
Green Finance: Expanding support for renewable energy and low-carbon projects to meet climate targets.
Tech-Driven Solutions: Funding AI, blockchain, and big data initiatives to modernize industries.
Rural Revitalization: Increasing loans for agriculture and rural startups to bridge urban-rural gaps.
Xiao highlighted stricter risk management rules to ensure stability, saying, “Financial reforms must balance progress with responsibility.” The policies aim to create jobs, reduce inequality, and foster innovation—priorities resonating with younger generations keen on ESG (environmental, social, governance) principles. 🌍✨
