[National Financial Regulatory Administration: All Financial Activities to Be Brought Under Regulation in Accordance with the Law] The opening ceremony of the 2026 Financial Street Forum Annual Conference was held this afternoon in Beijing. Ding Xiangqun, Director of the National Financial Regulatory Administration, introduced that currently, China's banking and insurance industries are operating steadily overall, with large institutions maintaining sound operations and reforms to mitigate risks in small and medium-sized institutions progressing in an orderly manner. Risks remain generally controllable. The National Financial Regulatory Administration, in collaboration with various parties, is taking strict measures to crack down on illegal financial activities, strengthening regulation of cross-regional, cross-departmental, and emerging financial activities involving new business models and products. All financial activities will be brought under regulation in accordance with the law, aiming to achieve comprehensive coverage without exceptions.