Xiao Yuanqi, deputy director of the General Administration of Financial Regulation, said at the Asian Insurance Forum 2025 on December 8 that the application of artificial intelligence technology is likely to greatly expand the maximum possible boundaries of insurance production. Technology and finance have always been complementary and mutually reinforcing. Xiao Yuanqi believes that the impact of this round of technological industry revolution represented by artificial intelligence on the financial industry, including insurance, may be all-round. Xiao Yuanqi said that major technological revolutions can always bring about an increase in the total volume of finance, because the technological revolution spawned increased economic output and improved social welfare, which objectively brought about an increase in the financial industry. At the same time, the development of artificial intelligence helps to allocate resources better and more efficiently. The potential can be fully tapped, and more resources are likely to be distributed “just right” on the production possibility curve to complete the optimal allocation of existing resources. He believes that both aspects will drive the full release of the current potential of the financial industry, including insurance, and breakthroughs in future growth boundaries, thereby pushing the boundary of maximum production potential outward.

Xiao Yuanqi, deputy director of the General Administration of Financial Regulation, said at the Asian Insurance Forum 2025 on December 8 that the application of artificial intelligence technology is likely to greatly expand the maximum possible boundaries of insurance production. Technology and finance have always been complementary and mutually reinforcing. Xiao Yuanqi believes that the impact of this round of technological industry revolution represented by artificial intelligence on the financial industry, including insurance, may be all-round. Xiao Yuanqi said that major technological revolutions can always bring about an increase in the total volume of finance, because the technological revolution spawned increased economic output and improved social welfare, which objectively brought about an increase in the financial industry. At the same time, the development of artificial intelligence helps to allocate resources better and more efficiently. The potential can be fully tapped, and more resources are likely to be distributed “just right” on the production possibility curve to complete the optimal allocation of existing resources. He believes that both aspects will drive the full release of the current potential of the financial industry, including insurance, and breakthroughs in future growth boundaries, thereby pushing the boundary of maximum production potential outward.