Lujiazui Forum: Opening up, high-quality growth, risk control, and proper regulation remain key focus areas

Research evidence excerpt

Lujiazui Forum: Opening up, high-quality growth, risk control, and proper regulation remain key focus areas

Update

June 17, 2026 11:53 AM GMT

Morgan Stanley Asia Limited+MChina Financials | Asia Pacific Richard Xu, CFA

Equity Analyst

Lujiazui Forum: Opening up, Richard.Xu@morganstanley.comChenqian Liu +852 2848-6729

Research Associate

Chenqian.Liu@morganstanley.com +852 3963-0359

high-quality growth, risk Chiyao Huang

Chiyao.Huang@morganstanley.com +852 3963-4624

control, and proper regulation Rick Zhao

Rick.Zhao@morganstanley.com +852 2239-7033

remain key focus areas Beryl Yang

Beryl.Yang@morganstanley.com +852 3963-2224

Key Takeaways

Vice Premier He again stressed risk control, proper regulation, and high-quality

growth are the main development paths for China's financial services industry

At the same time, he also highlighted the continued further opening up of China's

financial industry. PBOC Governor Pan and SAFE have echoed this thought. China Financials

Asia Pacific

Both the PBOC and SAFE highlighted more detailed policies to support Industry View Attractive

furthering opening up – e.g., new QDII quotas, simplified ODI, external debt FX Related reports:

management... China Financials: Recent outbound investment

...and Shanghai-based pilots for trade FX settlement, which will support RMB policies: gauging the true impact (10 Jun 2026)

globalization and broadening rather than containing cross-border capital flows China Financials: No need to worry about broad-

based tightening on financial investment flow to Both the NFAR and CSRC stressed strict financial regulations and risk

Hong Kong (29 May 2026) containment. Ther PBOC reiterated slower but higher-quality loan growth as a

new norm.