On June 20th, Marc LUET, President of Citibank Japan, North Asia and Australia, stated at the 2024 Lujiazui Forum that China's regulatory agencies have done a lot of work in cross-border data transmission, and the flexibility is very high. Such work attitude and achievements are crucial to the healthy development of the global financial market and can also boost the confidence of market entities. He believes that China's cross-border data transmission rules and policies have reduced barriers in related fields, greatly benefiting both domestic and foreign financial institutions. Marc LUET believes that a stable business environment is very important for sustainable and healthy economic development. 'We have seen China's continued efforts and determination in financial opening, and the international community also looks forward to seeing sufficient transparency and consistency in the Chinese market.' Marc LUET said. (CZJNZ)