Bank of Communications vice president Zhou Wanfuh said retail asset quality has faced significant pressure since 2024, consistent with peers, but the pace of retail loan NPL rate increases has eased since H2. He said that as a fiscal–financial package to boost domestic demand is phased in, credit demand is likely to continue recovering into Q4 and for the full year.

A leadership meeting for the 2025 Fintech Development Award was held in Beijing. PBOC Deputy Governor Zou Lan and CSRC Vice Chairman Liu Haoling attended. They called for stepped-up fintech investment and innovation, advancement of domestically controllable technology toward being "fully usable" and "more stable and higher-quality," and overall improvement in the financial sector’s digital intelligence. The meeting urged exploration of AI applications in financial management and services while guarding against model-related risks and maintaining a security baseline. It also prioritized strengthening data infrastructure and tech governance, and said the award should play a demonstration role to better support risk prevention, stronger supervision and high-quality growth.

Liu Jiannan, vice chairman of the China Council for the Promotion of International Trade, led a delegation to the United States from Nov. 9-12, 2026 to attend the G20 business summit (B20). He met with US Chamber CEO Clark, US Chamber senior vice president Fu Ruiwei, CBI CEO Newton‑Smith, Indonesian Chamber chair Bakri, and representatives from Intel and UPS to present China’s economic outlook and new opening measures and to discuss expanding bilateral and multilateral business cooperation and stabilising global industry and supply chains. The summit, hosted by the US Chamber and themed Accelerating Global Economic Growth, drew more than 1,000 G20 business, political and academic delegates.