President of the Small and Medium Enterprises Association: Under the influence of technologies such as blockchain, the information asymmetry between banks and enterprises is reduced.

According to Sina Finance, the "2019 "Small Business Big Dreams Summit Forum and Financial Services Small and Medium Enterprises Conference" hosted by China Small and Medium Enterprises Association, China Banking Association and China Securities Investment Fund Association was held in Beijing on June 26th. Li Zibin, president of the China Small and Medium Enterprises Association, said that he vigorously develops financial technology, promotes a number of new financial products, and improves the efficiency of financial services in the Internet, mobile Internet, blockchain, big data, cloud computing, 5G, and labor. Under the influence of a new generation of information technology such as intelligence, the information asymmetry between banks and enterprises has been reduced. New types of new financial products have emerged rapidly. New products such as micro-industry loans and tax-paying network loans have emerged in an endless stream, and the prospects are also very promising. The development of asset securitization and other services has accelerated the development of supply chain finance. Therefore, it is necessary to further increase the financial science and technology innovation development plan and promote the accelerated development of new business products in the financial industry.