Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), emphasized the importance of financial technology innovation at the 8th Member Congress of the Securities Association of China. He highlighted that technologies like artificial intelligence, big data, and blockchain are reshaping the financial market ecosystem. Wu urged industry institutions to actively research and steadily explore these technologies' applications in the capital market. The CSRC plans to collaborate with industry associations to enhance innovation pilot programs and regulatory sandboxes. This initiative aims to improve monitoring, supervision, and risk response mechanisms for financial innovation activities, ensuring a robust adaptation to the evolving financial landscape.