The report shows that the securities industry must seize the opportunity of a new round of information technology transformation represented by blockchain and so on.

According to the China Securities Industry Association, on August 28, the China Securities Industry Development Report (2019) was published. The report pointed out that the securities industry needs to profoundly understand the impact of financial technology and technological progress on the abyss of economic ecology, human ecology and financial ecology from a strategic development level, and firmly grasp the representation of big data, cloud computing, artificial intelligence and blockchain. The new round of opportunities for information technology transformation, actively develop and apply securities technology, improve the application level of securities technology, promote traditional business transformation, innovate business models, improve management efficiency, and form a new pattern of innovation-driven development.