State Council: Promoting regulatory innovation based on new technologies such as the Internet, big data, Internet of Things, cloud computing, artificial intelligence, and blockchain

On September 12, the State Council issued guidance on strengthening and standardizing post-event supervision. The opinion pointed out that giving full play to the role of modern science and technology in post-event supervision, relying on new technologies such as the Internet, big data, Internet of Things, cloud computing, artificial intelligence, and blockchain to promote regulatory innovation, and strive to maximize regulatory effectiveness. Supervised cost optimization and minimal disruption to market players.