The site of the 1st Shanghai Financial Technology Forum,
photo by Xiang Jinmei, Shanghai Academy
On June 10, the 1st Shanghai Financial Technology Forum, jointly sponsored by Shanghai Academy, Association of Shanghai Internet Financial Industry and China Financial Information Center, and organized by Greenland Financial Holdings Group (hereinafter referred to as Greenland Financial Holdings), was grandly held at China Financial Information Center, Lujiazui, Shanghai. Themed as “New Finance, New Technology and New Future”, the forum offers in-depth discussions about the latest influence of fintech on China’s economic development, as well as new opportunities and challenges facing fintech from the perspectives of academics, policies, and industry practice. The forum attracted about 500 guests from industry, academic and research circles as well as international institutions.
Wen Xueguo, Executive Vice President of Shanghai Academy, delivers a speech,
photo by Xiang Jinmei, Shanghai Academy
The forum began with the address of Wen Xueguo, Executive Vice President of Shanghai Academy. Wen expressed his warm welcome to all the attendees and noted that fintech is playing an increasingly greater role in enhancing financial efficiency and improving financial service quality with the development of the next generation information technologies including big data, cloud computing, and block chain. As the sponsor of the forum, Shanghai Academy has always paid attention to fintech updates, and works to gather industry leaders for in-depth exchanges and sharing by promoting academic exchanges in its role as a think tank, so as to jointly establish a high-end communication platform for China’s fintech sector, have further discussions about the future of fintech, and reinforce the construction of Shanghai as an international financial center and center of scientific and technological innovation.
Wang Zhongmin, Vice Chairman of the National Council for Social Security Fund, makes the keynote speech, photo by Xiang Jinmei, Shanghai Academy
Wang Zhongmin, Vice Chairman of the National Council for Social Security Fund, was invited to make the keynote speech. Wang said, the combination of technology and finance can not only create a sound commercial model and a sound ecosystem, but also optimize the financial system, and thus is an important part of the efforts to cultivate new economic growth points. He noted that fintech focuses on the wealth, wisdom and strength of the Chinese people, and is bound to change both commerce and society geometrically and lead to explosive growth of finance and development. Meanwhile, fintech also faces great challenges. These require certain technological supervision over finance. So, finance and technology complement each other and jointly help China realize the dream of becoming a financial power.
Wan Jianhua, Chairman of Association of Shanghai Internet Financial Industry, and Geng Jing, Board Chairman of Greenland Financial Holdings, also addressed the forum. Professor Wang Wei, Deputy Head of the School of Computer Science at Fudan University, and Professor Zhou Aoying, Vice President of East China Normal University, respectively made the keynote speeches entitled the Research Report on Fintech and Block Chain and the Report on the Development and Application of Fintech. To better discuss the challenges and opportunities facing internet finance in the fintech era, the forum also included an exciting round table meeting for entrepreneurs.
With the attention from numerous insiders, the launching ceremony for China’s Fintech 60-Member Forum was held at the forum. Initiated by Shanghai Academy, China’s Fintech 60-Member Forum focuses on pioneering project research related to fintech, and is aimed to be a non-official, non-profit and specialized think tank for exchange and cooperation among enterprises, schools, research institutes, governments and investors. Wang Zhongmin, Vice Chairman of the National Council for Social Security Fund, acts as the chief expert of China’s Fintech 60-Member Forum, Jiao Jinpu, President of Shanghai Gold Exchange, acts as the chairman of the Academic Board, Zhou Aoying, Vice President of East China Normal University, acts as the chief block chain expert, Wang Wei, Deputy Head of the School of Computer Science at Fudan University, and Pang Yinming, CEO of Greenland Intelligent Technology, act as chief big data experts, and Song Weijian and Pang Yinming, researchers at Shanghai Academy, act as the secretaries-general of the forum.
The site of the launching ceremony of China’s Fintech 60-Member Forum,
photo by Xiang Jinmei, Shanghai Academy
At the same time, Association of Shanghai Internet Financial Industry announced China’s first electronic depository receipt guide at the forum, which is of great significance to the sound development of the fintech industry in the future. The forum was successfully closed with the release of a new book entitled Block Chain Reshapes New Finance.
The successful launch of the forum will help build a platform for more professionals in the political, business and academic circles to interact and exchange with each other and jointly push forward the development of financial innovation at home, and will support and contribute to Shanghai’s construction as an international financial center and a global science innovation center.
(Sun Tianyi, Xie Nini, photos by Xiang Jinmei)