According to the first financial news, on December 12, Li Wei, the director of the Science and Technology Department of the People's Bank of China, said at the "2019 China Fintech Shanghai Summit" that there are three principles for the supervision of fintech innovation, namely, adhere to licensed operations, Regulations and adhere to the protection of rights and interests. He emphasized that the nature of fintech is finance, and financial services must be licensed. The in-depth integration of new-generation information technology and finance represented by artificial intelligence, big data, and blockchain has spawned a series of new products, new services, and new models. While enabling financial services to improve quality and efficiency, It also introduces some new risks and challenges. Li Wei said that with regard to the advancement of fintech innovation pilot work, there will be four aspects to creating a fintech innovation and development environment that is safe, inclusive and inclusive. The first is to build an inclusive and prudent regulatory framework; the second is to build a security line of defense for financial innovation; the third is to establish a full-lifecycle management mechanism; the fourth is to enhance digital supervision capabilities and do a good job of fintech innovation supervision.