Financial conference resets course

Panel will oversee development and revise regulatory structure

Better coordination among regulators to guard against systemic financial risks and more policies improving the financial sector's efficiency to serve the real economy can be expected after a top financial meeting of Chinese policymakers, analysts said on Sunday.

In a speech at the two-day National Financial Work Conference, which ended on Saturday in Beijing, President Xi Jinping emphasized three key tasks of the financial sector: strengthening its ability to serve the economy, preventing systemic risks and deepening financial reform.