BlockBeats News, December 6th—According to the Securities Times, at the 8th Member Conference of the China Securities Association, Wu Qing, Chairman of the China Securities Regulatory Commission, stated that financial technology innovation is currently thriving, profoundly transforming and even reshaping the financial market ecosystem. Industry institutions should be good at embracing change, adapting to it, and actively seeking change, conducting in-depth research, steadily exploring, and promoting the deployment and application of technologies such as artificial intelligence, big data, and blockchain in the capital market. He said that the CSRC will work together with industry associations to facilitate the mechanism for innovation pilot projects in the securities industry, enrich regulatory sandbox and other application scenarios, and improve the monitoring, regulation, and risk response mechanisms for financial innovation activities.