[Explanation] On July 16, the first real case competition and closing ceremony of the new financial youth leader training camp was held in Shanghai.

It is understood that the event aims to cultivate young leading talents in new finance, boost the rise of young talents in new finance, and facilitate the implementation of major national strategies such as the construction of Shanghai International Financial Center.

  [Explanation] It is reported that in October 2021, Shanghai Financial Industry Federation, Bank of Communications, and China News Network jointly launched the New Financial Young Leaders Program.

After extensive collection and screening in the early stage, 5 teams entered the first training camp for young leaders of new finance.

After nearly a year, the five teams that entered the camp and participated in the training all completed the project design and finally entered the actual case competition.

  [Explanation] Tu Hong, Business Director of Bank of Communications, Secretary of the Party Committee and President of Shanghai Branch, said in his speech at the event that the training camp is a new exploration of Bank of Communications for fintech innovation and fintech talent training.

  [Concurrent] Tu Hong, Business Director of Bank of Communications and Secretary of the Party Committee of Shanghai Branch

  Holding the training camp is a new exploration of Bank of Communications' fintech innovation and fintech talent training.

We hope that through this training camp, we can cultivate leading talents in financial technology, provide talent support for the digital transformation of Bank of Communications, and help the construction of Shanghai International Financial Center and Science and Technology Innovation Center.

  [Explanation] In his speech, Jiang Xizhou, supervisor of Shanghai Financial Industry Federation, encouraged leading fintech talents to take on the important task of building Shanghai's fintech center.

  [Concurrent] Changjiang Xizhou, Supervisor of Shanghai Financial Industry Federation

  The outbreak of the new crown pneumonia epidemic has seriously affected the traditional operation mode of finance. The digital transformation of financial institutions has effectively supported the operation of the financial market. It can be said that the field of financial technology still has a long way to go.

As a leader in financial technology, it is necessary to learn from foreign advanced technologies, constantly absorb advanced experience, and take on the important task of building Shanghai's financial technology center.

  [Explanation] Fu Yongkang, Vice President of China News Network, introduced that the New Financial Young Leaders Program brings together the power of the government, financial institutions, industry organizations, and news media, hoping to cultivate more high-quality financial people and contribute to the Shanghai International Financial Center Contribute to the construction and even the integrated development of the Yangtze River Delta.

  [Concurrent] Fu Yongkang, Vice President of China News Network

  We hope to build a docking platform for talent, technology and project exchanges through cross-industry combinations, cultivate more high-quality financial people with both political integrity and talent, and help the rise of new financial youth.

At the same time, by cultivating young leading talents and incubating scientific and technological innovation projects, it will continue to promote financial innovation and development, and contribute to the construction of Shanghai International Financial Center and the integrated development of the Yangtze River Delta.

  [Explanation] In the actual case competition on the day, professional judges from the financial field such as scholars and executives evaluated the project from six dimensions: feasibility, functional completeness, innovation, commercial value, market strategy, and application prospects.

In the end, the team of "AI Fixed Income Robot" ranked first, "Digital Financial Solutions Based on Traceability of Agricultural Products" ranked second, and "AI Financial Planner" ranked third.

So far, it has lasted for nearly a year, and after many intensive lectures, guidance and incubation, the first training camp for young leaders of new finance has been successfully concluded.

  [Explanation] Li Zhaoning, general manager of the Financial Technology Department of the Bank of Communications and dean of the Institute of Financial Technology Innovation, said in an interview that the key to the development of financial technology lies in "people".

Without technology, there is no finance. To build Shanghai into a global international financial center, it should have strong financial technology capabilities.

  [Concurrent] Li Zhaoning, General Manager of the Fintech Department of Bank of Communications and Dean of the Fintech Innovation Research Institute

  The purpose of our training camp is to explore some new ideas, new sparks and new talents from the perspective of our bank; , to understand what financial services and products the real real economy needs.

  [Explanation] Tu Hong, Business Director of Bank of Communications, Secretary of the Party Committee and President of Shanghai Branch, said that in the future, Bank of Communications will give full play to the platform role of the training camp for young leaders of new finance, and provide precise services for outstanding projects.

  [Concurrent] Tu Hong, Business Director of Bank of Communications and Secretary of the Party Committee of Shanghai Branch

  We must conscientiously summarize the results of the competition, feed them back into the talent training process, promote learning and reform through competition, and closely integrate the training camp with Bank of Communications' cutting-edge technology exploration and solving "stuck neck" technical problems.

  Reported by Zhou Sunyu and Zhou Yang in Shanghai

Responsible editor: [Fang Jialiang]