On October 19, Director Ding Xiangqun of the General Administration of Financial Supervision said while attending the opening ceremony of the 2026 Financial Street Forum Annual Meeting that the market order should be vigorously regulated. Fair competition is the cornerstone of the orderly operation of the financial market. In recent years, positive results have been achieved in rectifying disorderly competition through the implementation of integrated reporting and banking, and carrying out special controls. Disorderly competition is stubborn and repetitive, and requires constant strength and continuous strength. In particular, strengthen ideological correction and behavioral correction, urge institutions to abandon large-scale complexes, seriously control non-compliant marketing practices, severely punish financial black and gray products, and truly draw a red line of competition and establish business rules.

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