On December 4, at the 3rd Shanghai Financial Technology International Forum and the First Yangtze River Delta Financial Technology Conference, Jin Penghui, deputy secretary and deputy director of the Party Committee of the Shanghai Headquarters of the People’s Bank of China, and president of the Shanghai branch, said that we will accelerate the digital transformation of financial institutions. Make efforts in decision-making operations, service capabilities, and user experience to build digital core competitiveness and promote the collaborative construction of the digital ecosystem in the Yangtze River Delta. At the same time, it actively integrates into the global innovation network and deeply participates in the formulation of international rules and standards in fields such as data security and digital currency.
He also stated that he will actively develop green financial services, rely on financial technology to deepen the innovation of green financial products and services, focus on the current pain points of the green financial industry, and strengthen the innovative application of financial technology, such as Explore applied science and technology, scientifically calculate carbon emissions, and enrich and improve the green information system.
The following is the full text of the speech
Jin Penghui: Distinguished guests, friends, ladies and gentlemen, good morning. I would like to take this opportunity to first express my warm congratulations on the opening of the 3rd Shanghai Financial Technology International Forum and the First Yangtze River Delta Financial Technology Conference on behalf of the Shanghai Headquarters of the People’s Bank of China.
This year marks the third anniversary of the integrated development of the Yangtze River Delta as a national strategy. Fintech has played an important role in accelerating the integration of the Yangtze River Delta. This year is also the first year of the “14th Five-Year Plan”. The “14th Five-Year Plan” outlines the steady development of financial technology, speeds up the digital transformation of financial institutions, and points out the direction for the high-quality development of financial technology in the new era. It is very meaningful for us to hold this conference today, and it is at the right time.
The People’s Bank of China has always been actively supporting the promotion of financial technology development. Under the guidance of the head office, institutions in the four regions in the Yangtze River Delta will cooperate closely to promote the solid start of financial technology in the Yangtze River Delta, focusing on three aspects. commence to work.
First, planning first is to guide the Yangtze River Delta’s financial technology to maintain integrity and innovation. Under the guidance of the People’s Bank of China’s three-year financial technology development plan, the four branches of the Yangtze River Delta adhere to integrity and safety The basic principles of, inclusiveness and openness, guide the financial industry to develop financial technology steadily, and actively explore the development of financial technology and digital transformation in the Yangtze River Delta.
The second is to lead by standards and promote the development of standards for the Yangtze River Delta financial technology group. With the joint efforts of the four branches of the Yangtze River Delta and industry experts, today’s first Yangtze River Delta financial technology The organization standard of the Yangtze River Delta Credit Investigation Chain Credit Investigation Integration Service Specification will be officially released.The first standard will further break through the data barriers and administrative barriers across the Yangtze River Delta, realize the data sharing and intercommunication of the Yangtze River Delta credit bureaus, and provide more efficient financial services for small, medium and micro enterprises. In the future, we will continue to develop the supporting and leading role of financial standards. Improve standard construction.
The third is to make breakthroughs in pilot projects to accelerate the leading development of financial technology in the Yangtze River Delta. Since 2018, the People’s Bank of China has successively launched financial technology business pilots and financial technology innovation supervision pilots. The pilot projects and quality in the Yangtze River Delta region are leading the country. In general, the financial technology innovation environment in the Yangtze River Delta has been continuously optimized and the application of financial technology The level of digital finance continues to improve, and digital finance has entered a new stage of high-quality development. The financial institutions and technology companies participating in today’s conference are all key forces to promote the development of financial technology. Looking forward to the future, I hope that everyone will gather wisdom and contribute to the Yangtze River Delta branch of the People’s Bank of China. Guided by the new development concept, we will jointly promote the development of higher-quality financial technology in the Yangtze River Delta.
First, always adhere to the original aspiration and mission of benefiting the people and enterprises, promote the precise allocation of financial resources to key areas and weak links of economic and social development, and increase the supply chain The support of financial technology to empower rural revitalization, improve the modernization of agricultural industry, rural financial carrying capacity and the availability of financial services for farmers, and promote the integrated development of urban business economy and regional economic cycle coordination.
The second is to focus on building a digital financial service system, accelerate the digital transformation of financial institutions, and make efforts in decision-making operations, service capabilities, and user experience to create digital core competitiveness , To promote the collaborative construction of the digital ecosystem in the Yangtze River Delta, and at the same time actively integrate into the global innovation network, and deeply participate in the formulation of international rules and standards in the fields of data security and digital currency.
The third is to actively develop green financial services, relying on financial technology to deepen the innovation of green financial products and services, focus on the current pain points of green financial development, and strengthen innovative applications of financial technology, such as exploring applications Based on technology and scientific accounting of carbon emissions, we will enrich and improve the green information system.
Finally, I wish this meeting a complete success, and wish all guests and friends healthy and smooth, thank you all.