ICBC International Economic Analyst: During the epidemic, many banks vigorously developed blockchain technology to rescue SMEs

Cheng Shi, chief economist and managing director of ICBC International, and Gao Xinhong, macroeconomic analyst of ICBC International, stated that during the outbreak, many banks focused on the living environment of SMEs and vigorously developed supply chain finance and regional development. Blockchain technology provides relief to SMEs, and systemic reforms may broaden channels for future SME financing.