China's Central Bank: Ensure Effective Financial Support for AI Industry Development

At the opening ceremony of the 2026 Financial Street Forum Annual Conference, Pan Gongsheng, Governor of the People's Bank of China, stated that the rapid global development of artificial intelligence is profoundly affecting productivity, investment, employment, income distribution, and financial stability. From the perspective of the People's Bank of China, it will closely monitor and assess the macroeconomic impacts of AI development, strengthen financial support for the AI industry, and prudently advance the application of artificial intelligence in the financial sector.