A new station for collecting legislative suggestions from individuals and departments at the grassroots level has been recently set up in Beijing Financial Street Service Bureau, in an effort to provide the public with a greater chance to have their voices heard by national lawmakers.

The establishment information was unveiled at a sub-forum themed "Synergy of Rule of Law and Financial Governance", jointly organized by the Beijing Financial Court and the fourth branch of the Beijing People's Procuratorate, on Friday.

The sub-forum was part of the activities of the Annual Conference of Financial Street Forum 2023.

"Establishing such a station in the bureau is to widely solicit legislative opinions and suggestions from the financial industry so that we can join hands to promote the country's high-quality legislation," said Li Ning, an official of the Standing Committee of the National People's Congress, China's top legislature.

As the vice-chairman of the NPC Standing Committee's Legislative Affairs Commission, he added that the station serves as a bridge between the public and lawmakers, and also plays a key role in the implementation of China's whole-process people's democracy.

Before the establishment, the country had set up many such stations to help residents make suggestions directly to the top legislature. Some stations are located in communities and subdistricts, while some are in universities and technological zones.

Liu Guixiang, an official from the Supreme People's Court, China's top court, called for judges to increase communications with legislators and those working for financial supervision or management departments to solve financial disputes from the start and prevent financial risks.

Highlighting the importance of providing stronger legal support for the modernization of financial supervision, Zhang Wen, president of the Beijing Financial Court, required judges to shoulder the responsibility of advancing the healthy development of finance and building a sound financial environment by the rule of law.

In addition to the judicial officials, representatives from the city's financial system and academies, including the People's Bank of China and the China Securities Regulatory Commission, also exchanged ideas on multiple financial issues, such as optimizing financial services and strengthening financial supervision, during the sub-forum.