According to the Shanghai Securities Daily, on December 8, Wen Chunyan, a researcher at the Shanghai Development Research Foundation, introduced the background of the release of "The Application of Artificial Intelligence in the Financial Field and Its Practice in China" and the main content of the report at the seminar "Generative AI Large Models to Promote the Transformation and Development of the Financial Industry" at the 2023 Dishui Lake Emerging Finance Annual Conference. The report provides policy recommendations in seven areas. First, we need to make up for the gap in the supply of high computing power, second, improve the data governance system, third, build an algorithm governance framework, fourth, promote the implementation of the G20's AI principles and improve the theoretical governance of AI, fifth, pay attention to the potential systemic financial risks of AI applications, sixth, rationally look at the problem of technical unemployment caused by AI, and seventh, strengthen international exchanges and cooperation.