A shopper pays for purchases with his smartphone at a supermarket in Shanghai in January. CHINA DAILY BEIJING – The People’s Bank of China on Monday began to solicit public opinion on the detailed rules regulating the non-bank payment institutions, as a part of efforts to enhance their supervision and management. The document aims to … Continue reading China details regulations on non-bank payment institutions
Tag: Regulation
China looks to strengthen regulation in capital market
People walk past the new Shanghai Stock Exchange building in Shanghai on March 29, 2023. [WANG GANG/FOR CHINA DAILY] The China Securities Regulatory Commission has announced to elevate IPO requirements, tighten delisting rules and strengthen the oversight of quantitative trading in a set of policy documents on Friday. The latest move is part of the … Continue reading China looks to strengthen regulation in capital market
Experts at Boao forum express optimism about AI but urge oversight
[Photo/VCG] BOAO, Hainan – Guest speakers of a panel discussion on artificial intelligence (AI) at the Boao Forum for Asia Annual Conference 2024 expressed optimism on the development prospects of AI while also urging efforts to beef up industry oversight. The performance of the large language models, such as GPT-4, is extremely impressive, said Stuart … Continue reading Experts at Boao forum express optimism about AI but urge oversight