Wang Xin, Director of the Research Bureau of the Central Bank: Promote the high-quality development of financial technology in the Guangdong-Hong Kong-Macao Greater Bay Area in 4 ways

Summary

[Central Bank Research Bureau Director Wang Xin: Promoting the high-quality development of financial technology in the Guangdong-Hong Kong-Macao Greater Bay Area in four aspects]On December 12, the 4th Guangdong-Hong Kong-Macao Greater Bay Area Financial Development Forum was held in Guangzhou. Wang Xin, director of the Research Bureau of the People’s Bank of China, said at the meeting that the Guangdong-Hong Kong-Macao Greater Bay Area has many favorable conditions for the development of financial technology, including: the Greater Bay Area has strong scientific research capabilities and relatively active innovation activities; enterprises play an important role in scientific research. The ability to transform and apply scientific and technological achievements is strong; the comprehensive financial strength of the Greater Bay Area is relatively strong, and scientific and technological finance can promote each other. How to promote the high-quality development of financial technology in the Guangdong-Hong Kong-Macao Greater Bay Area? Wang Xin put forward four major suggestions: First, identify the positioning and goals of financial technology development in the Greater Bay Area, and recommend focusing on the four cores: people’s livelihood, inclusiveness, green and low-carbon, and RMB internationalization; second, strengthen the top-level design and establish peace Improve the financial technology coordinated development mechanism in the Greater Bay Area; third, vigorously promote the mutual recognition and convergence of financial technology standards in the Greater Bay Area; fourth, focus on the application and improvement of regulatory technology to better coordinate development and security. (Securities Times)

On December 12, 2021, the 4th Guangdong-Hong Kong-Macao Greater Bay Area Financial Development Forum was held in Guangzhou.Chinese peopleBankWang Xin, Director of the Research Bureau, stated at the meeting that the Guangdong-Hong Kong-Macao Greater Bay Area has many favorable conditions for the development of financial technology, including: the Greater Bay Area has strong scientific research capabilities and relatively active innovation activities; enterprises play an important role in scientific research and the transformation of scientific and technological achievements And strong application capabilities; the comprehensive financial strength of the Greater Bay Area is relatively strong, and technology and finance can promote each other. How to promote the high-quality development of financial technology in the Guangdong-Hong Kong-Macao Greater Bay Area? Wang Xin put forward four major suggestions: First, identify the positioning and goals of financial technology development in the Greater Bay Area, and recommend focusing on the four cores: people’s livelihood, inclusiveness, green and low-carbon, and RMB internationalization; second, strengthen the top-level design and establish peace Improve the financial technology coordinated development mechanism in the Greater Bay Area; third, vigorously promote the mutual recognition and convergence of financial technology standards in the Greater Bay Area; fourth, focus on the application and improvement of regulatory technology to better coordinate development and security.

(Article Source:SecuritiesTimes)

Article source: Securities Times

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Original title: Wang Xin, Director of the Research Bureau of the Central Bank: Promoting the high-quality development of financial technology in the Guangdong-Hong Kong-Macao Greater Bay Area