BEIJING ― The Swift International Banker's Operation Seminar 2024 opened on Monday in Beijing, a milestone demonstrating the country's openness in the finance sector as it is the first time the Chinese capital has hosted the event.Over 10,000 participants from more than 150 countries and regions have gathered for Sibos 2024, which covers a wide range of topics, including payments, digital assets, trade financing, artificial intelligence and sustainable finance.
Lu Lei, deputy governor of the People's Bank of China , said at the opening ceremony that China has removed foreign ownership restrictions on banking, securities and insurance, attracting over 110 foreign financial institutions to operate in the country.
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