As part of its visit to China, a delegation led by Taleh Kazimov, Chairman of the Central Bank of Azerbaijan, held an important meeting with Li Yunze, Head of China’s National Financial Regulatory Administration. During the meeting, both parties reviewed recent reforms in their respective economies, current development trends in the banking and insurance sectors, as well as risk management mechanisms.
The main focus of the discussions was the role of modern technologies in financial supervision processes. The parties exchanged extensive views on the application of artificial intelligence in regulatory mechanisms, innovative sectoral solutions, and new approaches. In conclusion, it was emphasized that expanding cooperation and deepening mutual relations between the financial regulatory authorities of both countries is a priority.
