China's financial innovations inspiring

We are living in an era of great transitions, with rapid changes catalyzing and multiplying each other on an unprecedented scale. Apart from the usual pattern of business cycle and geopolitical transitions, there are also new challenges and uncertain pathways. Most of them are related to the rise of artificial intelligence and the pressing issue of climate change.

The digital and green transformation are therefore not simply two processes shaping our daily lives, but two megatrends transforming economics, geopolitics and international relations. In a world like this, maintaining financial stability must remain a top priority as a well-functioning financial system is crucial for channeling funds toward future industries.

Our decade so far is characterized by "the re-rise of geopolitics", including heightened trade tensions, fierce competition in high-tech and a race for new types of resources. The emerging economies in Asia, especially China, are playing a vital role on the global stage and their quick growth has strengthened the voice of the Global South, ushering in a new multipolar world order.