China-Singapore Jingwei Client, September 10 (Zhang Yanzheng) "The financial industry must make good use of digital credit, a'new weapon' that serves the real economy." On September 10, Fan Yifei, Vice President of the People's Bank of China, in 2021 China (Beijing) Said on the Digital Finance Forum.
Photo courtesy of the organizer, Fan Yifei, Vice Governor of the People's Bank of China
Fan Yifei said that digital credit to a certain extent complements the shortcomings of traditional financing models in serving small and micro private enterprises, farmers, and individual industrial and commercial households.
He emphasized that the financial industry should make good use of digital credit, a "new weapon" that serves the real economy, and actively explore a new paradigm for sustainable development of inclusive finance.
In this regard, he put forward three suggestions.
One is to reduce costs and gain.
Using digital technology to promote the intelligent reengineering of the loan review and lending process, based on the integration of central and Taiwanese business capabilities that can be shared and reusable, comprehensive business, tax and other multi-dimensional data comprehensively study and judge the business status of the enterprise, reduce R&D, operation, and risk control costs, Improve the efficiency of financing services.
The second is to improve the quality and expand the surface.
Build a widely-connected and easily accessible service network, rely on digital channels to establish the full-process "cloud-based office" and "hand-held office" service contacts, and use technologies such as the Internet of Things and satellite remote sensing to master the "digital footprint" of the entire production and operation chain of the enterprise. Reduce reliance on financing collateral and increase the availability, sinking and penetration rate of credit financing.
The third is precise drip irrigation.
Give full play to the technological advantages of artificial intelligence and blockchain to strengthen the digital cognition of the production and operation entities of the supply chain of the industrial chain, accurately identify the authenticity of financing needs, dynamically monitor the flow of credit funds, and pass more diverse, smarter and more accurate numbers Credit products provide "blood transfusion and oxygen supply" for the real economy.
(Zhongxin Jingwei APP)
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