Huo Xuewen, director of the Beijing Financial Bureau: Beijing will focus on exploring the regulatory sandbox in two regions

According to news on December 6, in response to Beijing's first pilot pilot of financial technology “supervision sandboxes” in the country, Huo Xuewen, secretary of the Party Leadership Group and director of the Beijing Local Financial Supervision and Administration Bureau, stated that in the future Beijing will focus on exploring the supervision sandboxes in two regions. Huo Xuewen further pointed out that one is the financial technology and professional service innovation demonstration area in the adjacent area of ​​Xicheng and Haidian, and the other is the urban sub-center. Strengthen international cooperation in fintech supervision, standardize and advance new technologies and models of fintech and try first.