Pudong is making every effort to build the core load-bearing area of ​​the Shanghai Fintech Center, and piloting a “supervisory sandbox” system with the support of the regulators

The reporter learned from the "2019 China Fintech Shanghai Summit Forum" on the 12th that Pudong is making every effort to build the core carrying area of ​​the Shanghai Fintech Center, and is working on creating a FinTech industrial cluster, optimizing the FinTech space layout, and gathering FinTech talents. According to Wang Hua, deputy mayor of Pudong New Area, Shanghai, Pudong will be built into a highland for international financial technology demand, a highland for technology research and development, and a highland for demonstration and promotion. Including the creation of a "test field" for fintech innovations to be tested first. With the support of the regulators, a pilot “regulatory sandbox” system will be piloted to create a sound business environment for fintech innovation.