The 2025 Financial Street Forum kicked off in Beijing on Monday, drawing global attention as Chinese financial leaders outlined bold strategies to navigate economic uncertainties and advance digital currency innovation. Held in the capital’s financial hub, the event brought together policymakers, bankers, and analysts to address pressing challenges in an era of geopolitical and technological transformation.
Pan Gongsheng, Governor of the People’s Bank of China (PBOC), set the tone by emphasizing systemic risk management. “Strengthening financial security requires proactive monitoring and adaptive regulatory frameworks,” he stated, signaling tighter oversight mechanisms. Pan also revealed plans to accelerate the digital yuan’s integration, including expanding operational roles for commercial banks and refining its “currency-level positioning” to bolster China’s fintech leadership.
Li Yunze, head of the National Financial Regulatory Administration, highlighted social equity in financial policymaking. “True progress lies in balancing asset growth with human capital investment,” he said, announcing a hybrid financing model to bridge direct and indirect funding channels. The initiative aims to support small businesses and underserved communities while maintaining macroeconomic stability.
With over 1,000 delegates attending, day one discussions underscored China’s dual focus: fortifying domestic resilience while shaping global financial norms. Observers noted the emphasis on digital currency infrastructure could position Beijing as a rule-maker in cross-border payment systems, particularly amid shifting trade dynamics.
The forum continues through Wednesday, with panels exploring green finance, AI-driven risk assessment, and cross-strait economic cooperation.
