On September 12th , 2024, the Financial Subcommittee of BAEFI was established at the Peace Garden Museum in Beijing. More than 20 executive vice president units of the association participated, and at the meeting, it was confirmed that Mr. Li Ruohong, Chairman of the China World Peace Foundation, Mr. Ma Sizhong, Chief Representative of the METLIFE in United States, Mr. Wang Daming, Chairman of China Venture Capital, and Mr. Guo Jiesheng, General Manager of AIA Life Beijing Branch, would serve as co chairs of the Financial Subcommittee.

The meeting studied the preparatory work and planning proposals of the sub committees, as well as the mechanism of unified division, and was attended by speeches and exchanges from the chairpersons.