On October 16, Lai Xiufu, director of the Asset Management Department of the China Financial Supervision and Administration, stated at the Global Wealth Management Forum 2026 Shanghai Suhewan Conference that it will steadily expand institutional openness in the financial sector, promote competitive cooperation and complementary advantages between Chinese and foreign financial institutions, continue to support foreign financial institutions and long-term capital to enter the Chinese market, and encourage Chinese financial institutions to enhance their global asset allocation capabilities and international competitiveness.

On October 16, Lai Xiufu, director of the Asset Management Department of the China Financial Supervision and Administration, stated at the Global Wealth Management Forum 2026 Shanghai Suhewan Conference that it will steadily expand institutional openness in the financial sector, promote competitive cooperation and complementary advantages between Chinese and foreign financial institutions, continue to support foreign financial institutions and long-term capital to enter the Chinese market, and encourage Chinese financial institutions to enhance their global asset allocation capabilities and international competitiveness.