PBOC: Strengthen Financial Support for the Development of the AI Industry

Beating AI News Flash: Pan Gongsheng, Governor of the People's Bank of China, stated at the opening ceremony of the 2026 Financial Street Forum Annual Meeting that the rapid development of global artificial intelligence is exerting a profound impact on productivity, investment, employment, income distribution, financial stability, and other areas. From the perspective of the People's Bank of China, it will closely track and assess the macroeconomic impact of AI development, do a good job in providing financial support for the development of the AI industry, and steadily advance the application of AI in the financial sector.