China's Central Bank: Do a Good Job in Financial Support for the Development of the AI Industry

October 19 - Pan Gongsheng, Governor of the People's Bank of China, said while attending the opening ceremony of the 2026 Financial Street Forum Annual Conference that the rapid development of global artificial intelligence has had a profound impact on productivity, investment, employment, income distribution, financial stability, and more. 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 financial support for the development of the AI industry, and steadily advance the application of artificial intelligence in the financial sector.