Photo taken on Sept. 24, 2020 shows the innovation exhibition zone of the INCLUSION Fintech Conference held in Shanghai, east China. (Xinhua/Fang Zhe)
BEIJING, Nov. 19 (Xinhua) -- Beijing has started to solicit public opinion for a list of 16 projects admitted to the first batch of financial technology (fintech) innovative pilots, said Beijing's securities regulator on Friday.
According to the announcement, financial institutions and tech firms are main contributors to the pilot projects, in which the new generation of information technologies, such as big data, cloud computing, artificial intelligence (AI) and blockchain, will be applied to make business scenarios smarter, including investment advice, operation, trade and risk control.
The first batch of 16 projects stood out in the competition of 51 candicate projects submitted by 26 institutions.
According to Yi Huiman, chairman of the China Securities Regulatory Commission, at the Financial Street Forum 2021, China will support its capital to first launch fintech innovative pilot programs, with aims to construct the national regulatory framework of fintech development, further boost applications and realize the deep integration and coordinated development of technology and finance.
(Edited by Li Shimeng with Xinhua Silk Road, lishimeng@xinhua.org)
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