Shanghai Party Secretary Chen Jining emphasized the importance of seizing digital and intelligent opportunities to drive financial innovation during his visit to the People's Bank of China's Shanghai headquarters. Chen highlighted the need to optimize regulatory frameworks and establish clear risk control and access standards. He advocated for the development and deep application of multi-agent technologies and encouraged financial institutions to adopt blockchain solutions. The initiative aims to foster supply chain finance based on a secure and trustworthy credit system. Additionally, Chen proposed using blockchain technology to establish a financial risk monitoring and early warning system to better prevent and mitigate risks in key areas.
Shanghai Party Secretary Advocates Blockchain for Financial Innovation
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