证券时报记者 陈霞昌 11月20日，2025深圳国际金融大会以"全球金融市场与政策创新"为主题，汇聚行业重磅嘉宾共话金融发 展新路径。中国证监会原副主席屠光绍、原中国保险监督管理委员会副主席周延礼、中保投资有限责任 公司董事长贾飙等业内人士，分别从科技赋能金融、保险保障创新、保险资金股权投资等维度发表主旨 演讲，为"十五五"时期经济社会高质量发展建言献策。 人才结构方面，我国金融机构科技人才总量及占比稳步增长，但与纽约等国际金融中心及头部国际金融 机构相比仍有差距。屠光绍建议，未来需通过高校与市场联动，重点培养交叉型、复合型金融人才，为 应对激烈的国际竞争提供人才支撑。 在保险方面，周延礼围绕"保险保障功能助力'十五五'时期经济社会高质量发展"展开深入阐述，系统梳 理了"十四五"时期大湾区金融创新成果，并提出"十五五"保险行业发展路径。 "十四五"时期，大湾区依托前海、横琴、南沙三大合作平台，出台30条以上金融制度创新措施，构建起 支撑区域金融高质量发展的政策矩阵。前海国际金融城集聚金融机构超500家，自由贸易账户体系跨境 收入突破万亿元，成为全国跨境金融业务的重要试验田。民生金融领域，三地医保结算互联互通、 ...

11月20日，2025深圳国际金融大会以"全球金融市场与政策创新"为主题，汇聚行业重磅嘉宾共话金融发 展新路径。 中国证监会原副主席屠光绍、原中国保险监督管理委员会副主席周延礼、中保投资有限责任公司董事长贾飙等业内人 士，分别从科技赋能金融、保险保障创新、保险资金股权投资等维度发表主旨演讲，为"十五五"时期经济社会高质量 发展建言献策。 屠光绍在演讲中强调，科技创新既是国家战略，更是重塑金融行业业态与生态的核心引擎。他通过多维度数据与国际 比较，系统剖析了科技对金融体系的变革作用。 从金融市场功能来看，科技领域的风险资本投资占比、高新技术企业贷款余额占比、A股科技行业市值占比及全国并购 交易中科技行业占比均持续攀升，凸显科技已成为金融市场服务实体经济的关键驱动力。在金融行业发展基础层面， 金融机构对金融科技的投入不断加大，行业核心竞争力已从传统的"拼网点"转向"拼科技"，数字化转型成为金融业高 质量发展的必由之路。 人才结构方面，我国金融机构科技人才总量及占比稳步增长，但与纽约等国际金融中心及头部国际金融机构相比仍有 差距。屠光绍建议，未来需通过高校与市场联动，重点培养交叉型、复合型金融人才，为应对激烈的国际 ...

Core Insights - The Shenzhen International Financial Conference emphasizes the importance of financial innovation and the role of insurance capital in equity investment for economic development [1][2][3] Group 1: Financial Innovation and Technology - Technology innovation is highlighted as a national strategy and a core engine for reshaping the financial industry [1] - The share of venture capital investment in the technology sector, loans to high-tech enterprises, and the market capitalization of the A-share technology sector are all on the rise, indicating technology's critical role in driving the financial market [1] - Financial institutions are increasing their investments in fintech, shifting the industry's core competitiveness from traditional network expansion to technological advancement [1] Group 2: Talent Development - The total number and proportion of technology talents in China's financial institutions are steadily increasing, but there remains a gap compared to international financial centers like New York [2] - There is a need for collaboration between universities and the market to cultivate interdisciplinary and composite financial talents to support international competitiveness [2] Group 3: Insurance Sector Development - The insurance industry is urged to transition towards comprehensive risk management, focusing on four key areas: serving the real economy, enhancing social security, maintaining financial safety, and establishing a disaster insurance system [3] - The Greater Bay Area has implemented over 30 financial innovation measures during the 14th Five-Year Plan, creating a policy matrix to support high-quality regional financial development [2][3] Group 4: Equity Investment Potential - The core goal of insurance capital equity investment is to ensure capital safety while serving national strategies and the real economy [3] - Insurance capital investment has evolved from "limited opening" to "precise regulation," leading to a diversified investment landscape that extends from traditional infrastructure to new productive forces [3][4] - Recommendations for optimizing the policy environment for insurance capital include enhancing capital constraint mechanisms, clarifying rules, enriching asset management product systems, and opening innovative investment tools [4]

Core Insights - The 2025 Shenzhen International Financial Conference focuses on "Global Financial Markets and Policy Innovation," gathering industry leaders to discuss new paths for financial development [1] - Keynote speeches emphasize the role of technology in reshaping the financial industry and the importance of insurance in supporting high-quality economic development during the 14th and 15th Five-Year Plans [1][2] Group 1: Technology in Finance - Technology innovation is highlighted as a national strategy and a core engine for transforming the financial industry [1] - Investment in technology by financial institutions is increasing, shifting the competitive landscape from traditional network expansion to technological advancement [1] - The share of venture capital investment in technology, loans to high-tech enterprises, and the market capitalization of the A-share technology sector are all on the rise, indicating technology's critical role in serving the real economy [1] Group 2: Talent Development - The total number and proportion of technology talents in China's financial institutions are steadily increasing, but there remains a gap compared to international financial centers like New York [2] - Future talent development should focus on cultivating interdisciplinary and composite financial talents through collaboration between universities and the market [2] Group 3: Insurance Sector Innovations - The insurance sector is urged to transition towards comprehensive risk management, focusing on four key areas: supporting the real economy, enhancing social security, maintaining financial safety, and establishing a disaster insurance system [3] - The Greater Bay Area has implemented over 30 financial innovation measures during the 14th Five-Year Plan, creating a policy matrix to support high-quality regional financial development [2] Group 4: Investment Strategies - Insurance fund equity investment is seen as crucial for building a strong financial nation, with a focus on ensuring fund safety while serving national strategies and the real economy [3] - The investment landscape for insurance funds has evolved from "limited opening" to "precise regulation," with a diversified investment approach extending into new productive industries [3][4] - Recommendations for optimizing the policy environment for insurance fund investments include enhancing capital constraints, clarifying rules, enriching asset management product systems, and opening innovative investment tools [4]

Core Viewpoint - The recent notification from the National Financial Supervision Administration aims to regulate major equity investments by insurance funds in unlisted companies, promoting the alignment of insurance capital with social welfare, the real economy, and national strategies [2][3]. Group 1: Investment Direction and Industry Impact - The notification has generated significant attention in both financial and industrial sectors, particularly as it expands the investment scope to include "technology" and "big data industries," which are highly relevant to the automotive sector [3][5]. - Insurance funds can now invest in automotive-related technology research and big data application companies, facilitating the digital transformation of the automotive industry [3][4]. - The entry of insurance capital is expected to provide not only financial support but also strategic resources to enhance supply chain management and market expansion for automotive enterprises [3][4]. Group 2: Risk Management and Regulatory Clarity - The notification clarifies the concept of major equity investments, providing clear guidelines for insurance institutions regarding their investment operations [4]. - It emphasizes risk control by prohibiting eight specific behaviors and setting requirements for the equity structure, main business, and credit records of the invested companies, ensuring the safety of insurance capital investments [4][9]. Group 3: Innovation and Collaboration - The notification is seen as a catalyst for fostering innovation within the automotive sector, allowing more innovative automotive companies to access development opportunities and stimulating industry vitality [4][5]. - Recent collaborations, such as the partnership between Great Wall Motors and Ping An, highlight the potential for deep integration of data applications and financial services in the automotive industry [6][7]. Group 4: Integration of Insurance and Aftermarket Services - The notification's clarification on major equity investments directly impacts the automotive aftermarket, enabling insurance companies to engage more deeply in this sector [8][9]. - By leveraging their unique position in the automotive value chain, insurance companies can influence consumer purchasing decisions and regain market share in the automotive industry [8][9]. - The integration of insurance with aftermarket services is expected to create innovative business models and enhance service capabilities, ultimately leading to synergistic benefits [9].