The 2026 Lujiazui Forum was held in Shanghai from June 17 to 18. Mr. Zhuang Qianzhi, Chairman of China Re, attended the Forum’s Opening Ceremony and the 6th Plenary Session, and delivered a keynote speech at the thematic session titled "Empowering High-Quality Financial Development Through Sci-Tech Innovation".
Mr. Zhuang stated that the rapid advancement of artificial intelligence technologies centered on big data, large models and massive computing power is triggering disruptive transformations across the financial industry including reinsurance. The reinsurance sector is shifting from a capital-intensive model to a technology and knowledge-intensive model underpinned by computing power, algorithms and data. The coming decade will witness a period of filling gaps in China’s insurance and reinsurance sectors. Multiple factors have driven up demand for risk protection, and intelligent reinsurance systems are urgently needed to support catastrophe risks, special risks, emerging risks and other fields. China Re will steadily and prudently advance digital transformation, deepen the integration of AI with its business operations, better serve the real economy and participate in global financial risk governance.
With the theme "Financial Development and Cooperation Under the Global Governance Initiative: New Visions, New Challenges and New Opportunities", the 2026 Lujiazui Forum is co-hosted by the Shanghai Municipal People’s Government, the People’s Bank of China, the National Administration of Financial Regulation and the China Securities Regulatory Commission.