On May 18, 2025, a closed-door meeting themed “Strengthen Financial Security to Guard Against Systemic Financial Risks” was held in Shenzhen. The event was hosted by Tsinghua University, organized by the PBC School of Finance, Tsinghua University, and academically supported by the Research Center for Finance Security, PBC School of Finance, Tsinghua University. Seven experts from financial regulatory authorities, academia, and the industry gathered in Shenzhen to discuss the core issue of “how to safeguard China's financial security under new circumstances and challenges.”

Photo: The Meeting Venue

    Experts unanimously stated that finance is the lifeblood of the national economy and an important component of a country's core competitiveness. Financial security is an essential part of national security, and safeguarding financial security is a strategic and fundamental issue that concerns the overall development of the country's economic and social affairs. In today's world, where economic globalization is deepening continuously, finance has permeated every aspect of the socio-economic fabric, becoming a key link in connecting domestic and international markets and allocating resources. The safe, stable, and efficient operation of the financial system is crucial for promoting resource allocation, driving economic innovation, and serving the real economy. Should the financial system become unstable, its impact would quickly spread to the real economy, thereby shaking the entire national economic order and social stability. Therefore, it is imperative to regard the enhancement of financial security as a long-term and systematic project, to be pursued unremittingly, in order to consolidate the stabilizing cornerstone of the national economy.

    Zhou Yanli, Former Vice Chairman, China Insurance Regulatory Commission, pointed out that China has achieved significant progress in safeguarding financial security. However, there must be no complacency. It is essential to remain vigilant, continuously explore innovations, and strengthen the construction of the financial security guarantee system.

    Lam Lung on, Justice of the Peace,14th National Committee Member of the CPPCC, President of the Greater Bay Area lmporters' &Exporters' Commercial Association; Zhang Chunhua, 14th National Committee Member of the CPPCC, Chairman, Shenzhen Federation of lndustry and Commerce, Shenzhen Chamber of Commerce, and China Brilliant Group.; Song Ke, Executive Deputy Dean of Shenzhen Research Institute of Renmin University of China, Executive Dean of Shenzhen Institute of Finance; Yi Xingjian, Vice President, Professor, and Doctoral Supervisor of Guangdong University of Finance; Wang Yi, General Manager, Hi-Think Yondervision (Beijing) Tech. Co., Ltd.; and Tian Xinyuan, Founder and Chairman of Beijing HQsec Technology Co., Ltd., Executive Director of theFinancial Insurance Security Research Center, UBE, each shared their views and insights on the meeting theme.

    The experts at the meeting believed that China's financial security is currently facing an unprecedentedly complex situation, with both the continuous accumulation of traditional financial risks and the constant emergence of new financial risks. In particular, the double-edged sword effect of the rapid development of financial technology is becoming increasingly evident. Addressing these challenges requires a baseline mindset, a systems approach, and a multi-party collaboration to ensure financial security.

The Meeting Venue

    The successful hosting of this conference not only provided a high-level platform for in-depth communication and consensus-building among all parties, but also played a positive role in enhancing China's financial security level and preventing and resolving systemic financial risks. The meeting was chaired by Zhou Daoxu, Director of the Financial Security Research Center at the PBC School of Finance, Tsinghua University.

Source: Research Center for Finance Security, Forum Working Group

Text: Shen Yueyang

Review: Zhou Jing