In a pivotal address at the Financial Street Forum 2025, Chinese Vice Premier He Lifeng emphasized the critical need for a high-standard opening-up of the country's financial system. This call to action comes at a time when the world is experiencing unprecedented changes, presenting both challenges and opportunities for international financial markets. Premier He Lifeng, a prominent member of the Communist Party of China (CPC) Central Committee, highlighted the significant progress made in the financial sector during the 14th Five-Year Plan period (2021-2025). He underscored the importance of the upcoming 15th Five-Year Plan period (2026-2030) in advancing the goal of achieving socialist modernization by 2035. The premier urged the financial sector to actively participate in the implementation of the 15th Five-Year Plan, emphasizing the need for high-quality development and a strong financial sector. This call to action invites collaboration and innovation, as China is committed to working with global partners to research and advance financial governance reforms.
