On December 13, the Party Committee of the Financial Regulatory Bureau held a meeting to convey and study the spirit of the Central Economic Work Conference and, in conjunction with the requirements of the National Financial System Work Conference, to research and deploy measures for implementation. The meeting emphasized the need to actively guide Banks and Insurance Institutions to reduce costs and increase efficiency, broaden capital replenishment channels, and enhance sustainable development capabilities. It called for promoting high-level opening of the Financial sector with higher standards and greater efforts, attracting more foreign Financial Institutions and long-term capital to China for development.