Foshan promotes auto consumption upgrade through innovative applications of blockchain and other financial technologies

Recently, the official website of the Foshan Municipal Government of Guangdong Province released the "Notice on the Trial Implementation of Foshan's Measures to Promote the Consumption Upgrade of the Auto Market". The Notice proposes measures to encourage automobile consumption. At the same time, the local government will also strengthen the innovation of auto finance products, optimize auto finance services, and promote the upgrade of auto consumption through innovative auto finance consumer credit products and the application of financial technology innovations such as big data, artificial intelligence, cloud computing, and blockchain.