Lu Shuchun: Grasp the opportunity of digital economy development, continue to increase efforts to promote the digital transformation of finance.
the development of the financial technology industry should seize the opportunity of the development of the digital economy and continue to increase efforts to promote the digital transformation of finance. With the official release of the "Financial Technology Development Plan (2022-2025)", the "Guiding Opinions on the Digital Transformation of the Banking and Insurance Industry" and the "14th Five-Year Plan" for the Development of Securities and Futures Industry Science and Technology have been issued one after another. During the "14th Five-Year Plan" period and under the background of the development of the digital economy, financial technology has helped the digital economy to have a clearer direction, clearer path. In this context, the majority of practitioners should achieve "three efforts" when carrying out financial technology innovation ". First, efforts should be made to improve the accuracy and effectiveness of financial technology in serving the real economy and the people's livelihood. Second, efforts should be made to solve the problem of imbalance and inadequacy in the reform and development of the financial industry. Third, focus on improving a comprehensive risk management system that matches financial technology innovation.
Lu Shuchun, Secretary General of China Internet Finance Association
The following is the full content of the guest's speech:
distinguished guests and friends:
everyone. I am very happy to participate in the annual meeting of Zhongguancun Financial Science and Technology Forum. Through this issue of Zhongguancun "Fantike" Financial Science and Technology International Innovation Competition, some outstanding financial science and technology projects have come to the fore. First of all, on behalf of the China Internet Finance Association, I would like to extend my warm congratulations to the winners of the 2021 Zhongguancun "Fantike" Financial Technology International Innovation Competition and the fruitful results of the competition. In recent years, with the strong support of all sectors of society and the careful organization of the Zhongguancun Internet Finance Research Institute and other organizers, the competition has played an active role in activating the financial technology market atmosphere and docking the financial technology investment and financing needs, and has produced a good industry impact. To this end, I also hope that the competition will guide enterprises to continue to adhere to the concepts of "digital drive, wisdom for the people, green and low-carbon, fair and inclusive", so as to promote more innovation and achieve greater achievements.
the 18th National Congress of the Communist Party of China, the Party Central Committee with Comrade Xi Jinping at the core has attached great importance to the development of the digital economy and elevated it to a national strategy. During the 34th collective study of the Political Bureau of the Central Committee, General Secretary Xi emphasized: "The rapid development of the digital economy, the wide range of radiation, and the depth of influence are unprecedented. It is becoming a restructuring of global factor resources and reshaping the global economic structure. The key force to change the global competition pattern". The development of the financial technology industry should seize the opportunity of the development of the digital economy and continue to increase efforts to promote the digital transformation of finance. Since last year, the "Financial Technology Development Plan (2022-2025)" has been officially released, the "Guiding Opinions on the Digital Transformation of the Banking and Insurance Industry", and the "14th Five-Year Plan" for the Development of Securities and Futures Industry Technology have been issued one after another. The document summarizes the effectiveness of the financial technology "ramming the foundation and erecting the pillars and beams" in the past five years, it sounded the "14th Five-Year Plan" period, under the background of the development of the digital economy, the financial technology innovation and development of the rally corner. Fintech helps the digital economy to have a clearer direction, clearer path and better rules. In this context, I believe that the majority of practitioners should achieve "three efforts" when carrying out financial technology innovation ".
first, efforts should be made to improve the accuracy and effectiveness of financial technology in serving the real economy and the people's livelihood.financial technology should be mindful of the "big country", focusing on small and micro finance, rural finance, green finance, science and technology innovation finance, supply chain finance, barrier-free finance and other service scenarios, and promote the orderly sharing of internal and external data of enterprises in accordance with laws and regulations And comprehensive application, accelerate the improvement of institutional digital operation capabilities, business technology integration capabilities and technology agile governance capabilities, to create an omni-channel service system with orderly connection of process links and efficient collaboration between online and offline, so that financial living water can more accurately and effectively irrigate the real economy and meet the diverse needs of the people.
second, efforts should be made to solve the problem of imbalance and inadequacy in the process of financial industry reform and development.the development of financial technology should implement the concept of responsible innovation, take fairness as the criterion and inclusive as the goal, scientifically use various digital technologies to improve the diversity and multi-level supply of financial products, and continue to expand the reach radius and reach of financial services. Radiation range, help bridge the digital divide between different regions and groups, and avoid problems such as competition disorder and "Matthew effect" in the process of financial digital transformation, let the rain and dew of financial technology innovation and development benefit more market players and the people, and actively contribute to the realization of common prosperity.
Third, efforts should be made to improve a comprehensive risk management system that matches financial technology innovation.practitioners must strictly implement the main responsibility of financial technology innovation risk management, and strengthen the compliance review of new technologies, new businesses, and new models in terms of rights and interests protection, data security, compliance sales, product pricing, and anti-money laundering. Do a good job in liquidity stress testing and risk management of financial products in a digital environment, adhere to the principles of non-outsourcing of management responsibilities, non-outsourcing of core capabilities, and alternative supply channels, strengthen outsourcing risk management and supply chain security, improve new risk management framework systems such as model algorithms and scientific and technological ethics, continuously improve network security monitoring and early warning and emergency response capabilities, and comprehensively build a financial technology risk firewall.
The China Internet Finance Association, as a national industry self-regulatory organization, under the guidance of the People's Bank of China and other financial management departments, fully implements the spirit of General Secretary Xi's series of important instructions on the development of digital economy, implements the "Financial Science and Technology Development Plan (2022-2025)" and other policy requirements, gathers industry forces to continuously strengthen the construction of industry statistics and risk monitoring systems, and steadily promotes the self-regulatory filing management, do a good job in supporting financial technology innovation and supervision tools, guide and urge network platform enterprises to standardize financial business, and rely on Internet financial information sharing platform, supply chain financial digital information service platform, block chain digital correspondence platform, financial technology capability sharing platform and other information infrastructure to provide efficient services for financial digital transformation. The association will further improve the working mechanism of Internet financial standardization, continue to carry out the "leader" evaluation of enterprise standards, strengthen the education and training and policy publicity for practitioners and financial consumers, and play the role of platforms such as the global digital financial center (Hangzhou). Promote the two-way exchange of good practices, standards and experience in financial technology at home and abroad. We believe that with the joint efforts of all parties in government, industry, university and research, the goals of financial technology development and governance during the "14th Five-Year Plan" period will be successfully achieved, and we will be able to embark on a financial digitalization with Chinese characteristics and in line with international standards. road.
finally, I wish the annual meeting of the forum a complete success. Thank you all.
