China will accelerate efforts to update its banking and insurance laws as part of a broader push to strengthen financial regulation, the country's top financial regulator said on Wednesday.

Speaking at the 2026 Lujiazui Forum in Shanghai, Ding Xiangqun, head of the National Financial Regulatory Administration, said authorities would push forward updates to the Banking Supervision Law and the Insurance Law.

Ding said regulators would also improve supervisory rules in a targeted manner and enhance the adaptability of financial legislation and regulatory practice.