The first joint meeting of financial regulators of Guangdong, Hong Kong, Macau, and Shenzhen was held.

The first joint regulatory meeting of Guangdong, Hong Kong, Macao, and Shenzhen on financial supervision was held in Nansha, Guangzhou on March 23-24. The meeting was hosted by the Guangdong Financial Regulatory Bureau, and representatives from the Hong Kong Monetary Authority, Hong Kong Insurance Regulatory Authority, Macao Financial Management Bureau, and Shenzhen Financial Regulatory Bureau attended. Relevant departments of the China Banking and Insurance Regulatory Commission, as well as representatives from the local governments of Guangdong Province and Guangzhou City, were also invited to participate. During the meeting, participants discussed industry development, regulatory work, and the latest market developments. Key focuses included support from the banking industry for the construction of the International Science and Technology Innovation Center in the Greater Bay Area, regulation of the safe development and application of artificial intelligence, quality development of insurance services for urban governance, facilitation of cross-border medical insurance services, and consumer protection. The meeting aimed to deepen cooperation among the four regions of Guangdong, Hong Kong, Macao, and Shenzhen in financial regulation, build consensus, actively promote the high-quality development of the banking and insurance industries, and collectively advance the stable development of the financial market and consumer protection.