2025 is the year when the 14th Five Year Plan comes to an end and when financial regulatory work is comprehensively deepened. After the National Financial Supervisory Administration held the 2025 Regulatory Work Conference, more than 20 financial regulatory bureaus in Beijing, Shenzhen, Guangdong, Hunan, Guangxi, Henan and other places held the 2025 Regulatory Work Conference, mainly focusing on strengthening supervision, risk prevention, and promoting development to deploy this year's work priorities. Financial regulation should have sharp edges and sharp teeth. Multiple financial regulatory authorities have stated that they will continue to enhance the forward-looking, precise, effective, and collaborative nature of regulation. The Guangdong Financial Regulatory Bureau stated that it will continue to promote the consolidation and improvement of strong supervision and strict supervision, strengthen full process and full chain supervision, coordinate the implementation of full coverage supervision requirements, and strengthen performance guarantee support. In recent years, emerging technologies such as artificial intelligence and big data have been widely used in the financial field, but they have also brought some new risks and regulatory challenges. Financial regulation needs to adapt to changes in the new environment and achieve digital transformation. The Beijing Financial Regulatory Bureau stated that it will adhere to a problem oriented approach, strengthen penetrating supervision, differentiated supervision, and countercyclical supervision, establish a closed-loop mechanism for on-site inspection and off-site supervision, and accelerate the digital transformation of supervision. In recent years, with the continuous efforts of regulatory authorities, the three major risks of real estate, local bonds, and small and medium-sized financial institutions have gradually been resolved and mitigated, and financial risks are steadily converging. Looking at the work meetings of various financial regulatory bureaus, in the future, preventing and resolving financial risks will still be the "main focus". The Shanxi Financial Regulatory Bureau has proposed to firmly fulfill its primary responsibility of preventing and resolving risks in small and medium-sized financial institutions, adhere to top-down coordination, division of labor and package of cases, hanging maps for combat, and cohesion, increase efforts to dispose of non-performing assets, make good use of capital replenishment tools, and complete the annual target task of reforming insurance with high quality. The Sichuan Financial Regulatory Bureau has proposed to accelerate the expansion and efficiency improvement of the urban real estate financing coordination mechanism, in order to help consolidate and stabilize the real estate market. Actively cooperate in preventing and resolving local government debt risks. Strictly prevent and crack down on illegal financial activities. Finance is the lifeblood of the real economy, and doing a good job in various aspects of financial regulation is precisely to enhance the ability of financial services to serve the real economy and promote high-quality economic and social development. The Hubei Financial Regulatory Bureau introduced that it will increase financial support in key areas such as "dual" and "two new", and focus on supporting the all-round expansion of domestic demand. Focus on serving new quality productivity and promote the improvement and expansion of technology finance. Continuously promote the coordination mechanism for supporting financing for small and micro enterprises to better play its role. In order to vigorously promote the upward development of the economy, the Henan Financial Regulatory Bureau proposed to fully promote financial support for the economic powerhouse province, strengthen the "dual" and "two new" financial services, respectively study and issue guidance on financial support for expanding consumption and financial support for stabilizing foreign trade, and increase support for the high-quality development of advanced manufacturing and modern service industries. Actively serving the development of new quality productive forces, carrying out the "first loan" and "credit loan" ice breaking and expanding actions, expanding the scale of "technology loans" and "specialized and refined new loans", and accelerating the improvement of the technology insurance service system. (New Society)