People's Bank of China Deputy Governor Lu Lei highlighted emerging risks from artificial intelligence in financial services, citing algorithm black boxes and model hallucinations as key concerns. Speaking at the China-ASEAN Financial Cooperation and Development Forum, Lu emphasized that while large models and intelligent agents empower financial innovation, they introduce novel systemic challenges. Lu pointed to an "asymmetric understanding" between humans and AI systems as a critical vulnerability, noting that while AI can analyze human behavioral logic, humans cannot fully penetrate AI decision-making processes. This opacity underscores the urgent need for robust safety governance frameworks to manage deep-level challenges in the financial sector as China deepens AI cooperation with ASEAN nations.