Chinanews.com, January 15th. At a press conference held by the State Council Information Office on the 15th, Chen Yulu, deputy governor of the People’s Bank of China, said that with regard to the issue of Ant Group’s regulation and reform, currently under the guidance of the financial management department, the Ant Group A rectification work group has been established, and the rectification timetable is being formulated, and the rectification will be carried out in accordance with the regulatory requirements.
At the same time, it is necessary to maintain business continuity and normal business operations to ensure the quality of financial services to the public.
"The financial management department is also maintaining close supervisory communication with Ant Group, and the progress of the work will be released to everyone in a timely manner." Chen Yulu said.