Core Insights - The application of technology in the financial sector has significantly improved efficiency and quality, while also expanding coverage and depth of financial services for the real economy, but it has introduced new challenges [1] - A new wave of technological revolution is reshaping the financial landscape and service models, leading to increased digitization, intelligence, and scenario-based trends in finance [1] - The boundaries of financial activities, institutions, products, and services are evolving from clear and simple to complex and ambiguous, which may become the norm in the future [1] Regulatory Framework - The Central Financial Work Conference emphasized the need to "legally include all financial activities under regulation," and the 20th National Congress proposed the formulation of a "Financial Law" [2] - The establishment of the Financial Law will help delineate financial boundaries through top-level legal design, enabling early detection and regulation of financial activities based on essential characteristics like funding pools and leverage [2] Risk Management - The application of technology in financial activities should be viewed dialectically, as technology is a "double-edged sword" that can both foster innovation and increase the concealment and rapid spread of financial risks [2] - A pre-designed error tolerance mechanism is necessary to match the extensive application of technology with the risk management and risk tolerance capabilities of financial institutions [2] Customer-Centric Approach - Financial services should prioritize customer needs, providing warm and responsible services that meet the growing demands of society and the economy [2] - The financial sector is described as the lifeblood of the national economy, with a mission to serve society and benefit people's livelihoods, emphasizing the importance of understanding customer needs and enhancing service precision, professionalism, and inclusivity [2]