Shanghai Financial Regulatory Bureau issued guidance to improve technology finance across the city’s banking and insurance industries, encouraging qualified institutions to build enterprise-level AI platforms and use digital technologies including big data, blockchain, the Internet of Things and quantum computing. The guidance supports shifting tech enterprise evaluations from traditional financial indicators toward technological innovation capabilities. It also calls for using technology finance databases and the “Shanghai Tech Score” to build dedicated evaluation systems, while strengthening AI safety, data security, model and algorithm risk management, and consumer data privacy protections.