China News Service, Shanghai, August 13th. Title: New faces of the new economy: Jing Xiandong, Chairman of Ant Financial: Shanghai is the best experimental field for new digital infrastructure

  Author Li Qiuying

  "The reason for choosing Shanghai is mainly because Shanghai dares to be the first and the gene of open innovation attracts us. Many new business formats and new models have made breakthroughs in Shanghai and then went to the whole country." Ant Financial Chairman Jing Xiandong accepted China News Agency reporter said in an exclusive interview.

Jing Xiandong, Chairman of Ant Financial. Shen Hai

  Since the establishment of a branch in Shanghai in 2008, Alipay started as a studio "hidden" in residential houses; it officially moved to Shanghai in 2015, and then to Lujiazui in 2019. It has been developed in Shanghai for 12 years.

  After years of hard work, Shanghai has become the forefront of China's financial opening up, the pioneering area of ​​financial reform and innovation, and one of the most environmentally friendly cities for financial development. "The phoenix blossoms and the phoenix comes." Enlightened and innovative Shanghai has attracted a large number of financial technology companies to settle down, and Alipay is one of them. In 2011, Alipay became the first payment company to obtain a third-party payment license.

Alipay's office building in Lujiazui, Pudong New District, Shanghai. Shen Hai

  "Compared with other big cities in the world, Shanghai is one of the most active areas for new technologies and new applications." Jing Xiandong took the taxi experience as an example. "Europe collects cash and the United States accepts credit cards, but in China and even Southeast Asia, both are Swiping mobile phones. Different habits reflect the global heat map of active new technologies."

  In 2008, Shanghai cooperated with Alipay and became the first city in the country to realize Internet payment for public utilities. It also made citizens feel the convenience of "no need to run once" for the first time, and cities across the country have followed up. Since then, Shanghai has created a number of firsts one after another: the first "online legal service assistance", the first "Internet marriage registration appointment", the first nationwide appointment registration, online self-service tax filing...

  "This has become a testing ground for new technologies." Jing Xiandong introduced that in the field of people's livelihood services, Shanghai and Alipay have been exploring the "no man's land" and have gradually developed a set of "technology research and development-regional pilots-national launch "Shanghai Model".

  Up to now, the Yangtze River Delta Metro has achieved interoperability in 10 cities. Using the Shanghai Metro "METRO Metropolitan" APP, you can not only ride the Shanghai Metro, but also pass the gates in 9 other Yangtze River Delta cities.

  For cross-city travel, its biggest difficulty lies in remote ticket settlement. With the large-scale application of Alipay's blockchain technology, the settlement of subway tickets between cities is also completed in real time with the beep. This is the first application of blockchain technology in the subway field, and it also lays a safe and efficient technical foundation for future applications.

  "The interconnection of the Yangtze River Delta Metro is an important result of Alipay's use of digital technology to help the construction of the digital Yangtze River Delta." Jing Xiandong said that the digital economy represented by blockchain technology is becoming a new high-quality integrated development in the Yangtze River Delta. Kinetic energy has become the infrastructure of the digital economy.

  The epidemic has accelerated the development of the online economy. In April, the Shanghai Municipal Government issued the "Shanghai Action Plan for Promoting the Development of Online New Economy (2020-2022)" to create new highlights, create new benchmarks for the high-quality development of Shanghai’s industry, and form a new economic development. Increment.

  In Jing Xiandong's view, the online economy is a collection of new digital infrastructure and application scenarios, and Shanghai, which has a wide range of life scenarios and strong economic vitality, is the best experimental field for the online economy. "Affected by the global spread of the new crown epidemic, society and economy are accelerating the development of global digitalization and full-link digitalization. People's digital lifestyle habits are being developed more extensively and deeply, and corporate production, urban governance and operations are also fully digitalized. in progress."

  "For financial technology companies like Alipay, the most important aspect of Shanghai's attraction is talent." Jing Xiandong revealed that Alipay has more than 2,000 employees in Shanghai, 60% of whom are technical talents. “The Internet and finance are both the largest employment industry in Shanghai and the industry with the highest degree of talent. It can be seen that the siphon effect of Shanghai’s talents is still obvious.” Jing Xiandong introduced that Alipay, while recruiting talents, is also collaborating. Major universities in Shanghai cooperate to cultivate targeted talents.

  "Over the past ten years, Alipay has grown and developed in Shanghai; we will continue to rely on Shanghai's good ecology and continue to use new technologies and new services so that people can have a better experience." (End)