Guo Shuqing: Remarks - Annual Conference of Financial Street Forum 2020 Remarks by Mr Guo Shuqing, Party Secretary and Deputy Governor of the People's Bank of China and CBIRC Chairman, at the Annual Conference of Financial Street Forum 2020, 27 October 2020.
It comes as no surprise that supervisors might feel insecure when applying the supervisory toolkit to innovative businesses. Just as a random example, supervisors might be confronted with a financial institution whose mid-term goal is not to earn profits, but to grow as quickly as possible.