Group 1 - The 2025 Financial Street Forum Annual Conference opened in Beijing with the theme "Innovation, Transformation, and Reshaping Global Financial Development" [1] - The Chairman of the China Securities Regulatory Commission, Wu Qing, announced the initiation of reforms for the Growth Enterprise Market (GEM) [1] - New listing standards will be established to better align with the characteristics of emerging fields and future industries, providing more precise and inclusive financial services for innovative enterprises [1]