China's Central Bank Supports the Development of the Artificial Intelligence Industry

By: www.egsea.com|10/19/2026 08:53:36

At the opening ceremony of the 2026 Financial Street Forum Annual Conference, Pan Gongsheng, the Governor of the People's Bank of China, stated that the rapid development of artificial intelligence globally has profound impacts on productivity, investment, employment, income distribution, and financial stability. The People's Bank will closely monitor the macroeconomic effects of artificial intelligence development and ensure financial support for the growth of the artificial intelligence industry, while prudently advancing the application of artificial intelligence in the financial sector.

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