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Cover Story: China’s Financial Industry Regulators to Get Reshuffle of Responsibilities

By Huo Kan, Zhang Yuzhe, Wang Shiyu, Quan Yue, Wang Liwei and Denise Jia
2023年03月13日 06:14
A new oversight authority, the National Financial Regulatory Administration, is approved at the annual meeting of the national congress.

China’s financial regulators, burdened by overlapping responsibilities, will consolidate and realign their roles with the creation of a new watchdog unit as part of a massive revamp of government agencies approved Friday at the annual meeting of the national congress.

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