State Administration of Financial Supervision: We need to open door wider to the outside world with high-quality rules, regulations, management, and standards, and deepen cross-border risk supervision cooperation

On July 25, recently, the State Administration of Financial Supervision and Administration held the 5th Asia Solvency Supervision Cooperation Seminar online. The seminar included 10 special lectures, which systematically introduced the overall framework and specific rules of China's solvency supervision system, and exchanged with the trainees the development achievements of China's insurance industry market system, insurance products and financial technology in recent years. In the next step, we will continue to use the seminar as a platform to continue to strengthen exchanges and cooperation with financial supervision in emerging markets, steadily expand institutional high-quality opening up of rules, regulations, management, and standards, deepen cooperation in cross-border risk supervision, and promote mutual opening of the insurance market for mutual benefit and win-win results.