＂Financial Lecture Hall＂ Season 3 ｜ Issue 2： Hainan Digital Financial Development Prospects are expected
The Central Financial Work Conference proposed that “five major articles in technology finance, green finance, inclusive finance, pension finance, and digital finance” are not only the inherent requirements for high -quality development in the financial sector, but also an effective way to build a financial power.EssenceAt present, “doing five major articles” has become a hot word for financial institutions in the future development plan, and the “digital finance” that was written into the central document for the first time was even more concerned.
With the emergence and practice of big data, artificial intelligence and other technologies, digital finance is subverting the traditional financial form. It not only promotes the digital transformation of institutions with a wide range of digital technology, supports the development of the digital economy and the fusion of digital.Important topics of quality development.
How to know digital finance?What is the development trend of digital finance in the future?How does Hainan develop digital finance?The second episode of Hainan Free Trade Port’s “Financial Lecture Hall” invited Li Jiangtao, a postdoctoral researcher at the famous economist and the post -doctoral researcher of the Institute of Economics of Tsinghua University, and conducted a in -depth interpretation of digital finance related issues.
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Digital finance only has vitality to serve the real economy
Finance is the blood of the national economy and an important part of the core competitiveness of the country.From Internet finance, to technology finance, to digital finance, we have continued to deepen their understanding of the process of integration and innovation of digital technology and financial business.
What is digital finance?Li Jiangtao has a simple understanding,That is to improve financial services through digital technology.He said that under the tide of digital economy, the combination of finance and technology, covering all products, services, technology and infrastructure, and is a new type of financial format.”People familiar with mobile payment are digital finance.”
Li Jiangtao said that digital finance was written into the central document for the first time, which also reflected that digital finance was given a higher level of attention. The application of digital combination of finance could have a great impact on the society.
Li Jiangtao talked that the current digital finance has penetrated into all aspects of production and life. Digital banks, digital currencies, digital payment and other stimulating digital finance innovation have also changed people’s lives.It will also settle in digital finance.Development of digital finance is not only directly helping the high -quality development of the digital economy, it is of great significance to promote social development and help the construction of a strong financial country.
Talking about how digital finance serves the real economy, Li Jiangtao said,Digital finance only has vitality to serve the real economy, and the role of them promotes each other.On the one hand, digital finance combines digital empowerment entities with financial empowerment entities, which has enhanced financial service and contribution to society; on the other hand, due to the improvement of financial service capabilities, the vitality of the real economy enhances and external impacts.Increased effort, it will further drive the development of digital finance.
“For example, in the process of business, with the empowerment of digital finance, it can capture the logic behind performance, and use big data technology to analyze the purchase behavior of users, so as to better sellThe value of the real economy can be better played with the help of digital finance, thereby improving the efficiency of the real economy service, simplifying the transaction process, and reducing costs.
Establishing a mechanism of controlling risks and allowing innovation is important
The reporter learned that the development of digital finance has promoted the accelerated digital transformation of traditional financial institutions.Financial technology applications such as Internet banking and mobile payment have long changed the form of traditional financial services. At present, many financial institutions are accelerating the layout of digital financial business, promoting financial services to improve quality and efficiency, and stimulate the core production factors of data to release greater value.
Talking about the development trend of digital finance in the future, Li Jiangtao believes thatOn the one hand, financial institutions will strengthen the application of digital technology to accelerate digital transformation in order to better serve the real economy;On the other hand, the larger digital transformation in the financial field has just begun. In some aspects, it is necessary to increase investment in R & D and create a new advantage in fintech.
It is worth noting that Singapore, which is also an Asian country, has relatively disadvantages such as technology, market scale and business model in the field of digital finance, but in recent years, it has developed into an influential international digital financial center.The report of “How to Build Digital Financial Power” released by the China Finance Forty Men Forum (CF40) shows that one of the key factors of the rapid development of digital finance in Singapore is to build a regulatory model for balanced innovation incentives and risk prevention.Development has created an open, flexible and friendly policy environment.
In this regard, Li Jiangtao believes that the development of domestic digital finance has gone through a process from old to new. It is a new challenge for government and financial institutions, and we must balance between efficiency and stability.If you are too dead, the industry will lack vitality; if you are too loose, various risks and chaos may occur.
“Therefore, the future development trend of digital finance is to adapt to the conversion of new and old. In addition, it is also important to establish a mechanism of controlling risks-allowing innovation mechanisms.”In Li Jiangtao’s view, under the wave of development of the digital economy in the whole society, enterprises and financial institutions should enhance their learning ability, enjoy the technical dividend while promoting the progress and development of society.
Hainan digital finance development prospects are expected
The reporter sorted out the policy and found that as early as 2020, Hainan issued the “Smart Hainan General Plan (2020-2025)”. It is clear that by the end of 2025Construction, the strategic goals of the international information and communication open pilot zone, fine intelligent social governance model areas, international tourism consumption intelligent experience islands and open digital economy innovation highlands have basically achieved.
So for Hainan’s financial industry, how to better develop digital finance and help the digital economy?Li Jiangtao believes that he can start from the following three points:
The first is to sublimate the ability of its own ability.Li Jiangtao said that Hainan’s financial institutions still need to continue to supplement new technologies to bring the possibility of digital financial development in Hainan.With the development of the digital economy, more and more scenarios are carried out by the Internet, which has generated massive data, which objectively provides conditions for the upgrading of the production supply, and also puts forward higher requirements for the financial system.Financial institutions need to accelerate digitalization to serve highly professional and digital market entities.
The second is to establish a financial service system.He believes that digital finance is not only the responsibility of financial institutions, but also the responsibility of the whole society. Although digital finance is led by financial institutions, benefits are the whole society.Li Jiangtao’s example, for example, the data trading channel actually requires the government, because financial institutions cannot lead, and the government needs to guide financial institutions in the process.
The third is to explore the industrialization services of finance and the financial services of the industry.He said that Hainan has huge possibility of innovation and the needs of innovation. Hainan must realize the conversion of the shape of the shape from the service type to the innovation, from innovation to technical application type, and then from technical application to ecological scenarios.