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Recently, the People’s Bank of China issued the “FinTech Development Plan (2019-2021)” (hereinafter referred to as “Plan”), clearly proposing the guiding ideology, basic principles, development goals, key tasks and safeguard measures for fintech work in the next three years. The “Plan” proposes to further enhance the technology application capability of the fintech industry by 2021, realize the deep integration and coordinated development of fintech, and significantly enhance the people’s satisfaction with digital, networked and intelligent financial products and services, and promote China’s fintech at an international advanced level. At the same time, the “Plan” also identified six key tasks, including strengthening the strategic deployment, rational application of fintech, empowering financial services to improve quality and efficiency, strengthening financial risk prevention capabilities, strengthening fintech supervision, and establishing a sound regulatory system.
To further explore the development of fintech under the new financial ecology, the “19th Fintech Innovation Summit” will be held in Shanghai on July 16th-17th 2020. During the event, CIOs, General Managers of IT Department, IT Operations and Managers, Data Center Directors, Software Development Center Directors etc from government agencies, industry associations, state-owned banks, joint-stock commercial banks, city commercial banks, Internet banks, rural credit unions, insurance companies, securities companies, etc. will gather together to discuss digital transformation of financial enterprises, smart operation and maintenance, risk management, data governance in the financial industry, how to transform from fintech technology to finance and financial services, and other hot topics so as to find the best business partners.