Guo Shuqing: With the wide application of technologies such as blockchain. Financial technology has played an important role in many aspects

According to the Shanghai Securities News, on May 10, Guo Shuqing, secretary of the Party Committee of the People's Bank of China and chairman of the China Insurance Regulatory Commission, met with Mr. Adam Posen, director of the Peterson Institute for International Economics (PIIE). Guo Shuqing pointed out that with the wide application of new technologies such as big data, cloud computing, blockchain and artificial intelligence, financial technology has developed very rapidly in China in recent years, and has played a role in serving small and micro enterprises, inclusive finance, and improving service efficiency. Important role. But at the same time, we also pay close attention to its impact on the financial industry, especially business model changes, consumer protection, and network system security. He also pointed out that financial technology must follow uniform regulatory rules and risk prevention and control standards.