Shanghai Pushes Forward Financial Technology Infrastructure Construction, Aiming to Become a Global Fintech Hub
Shanghai Pushes Forward Financial Technology Infrastructure Construction, Aiming to Become a Global Fintech HubThe Shanghai Municipal People's Government Office recently issued the "Action Plan for Shanghai to Promote High-Quality Construction of a Global Financial Technology Center," clearly stating the need to promote the construction of financial infrastructure such as computing power, data, and blockchain, laying a solid foundation for the development of a global fintech hub.The action plan emphasizes encouraging financial infrastructure providers, financial institutions, and fintech companies to actively participate in the construction of Shanghai's public AI computing power service platform
Shanghai Pushes Forward Financial Technology Infrastructure Construction, Aiming to Become a Global Fintech Hub
The Shanghai Municipal People's Government Office recently issued the "Action Plan for Shanghai to Promote High-Quality Construction of a Global Financial Technology Center," clearly stating the need to promote the construction of financial infrastructure such as computing power, data, and blockchain, laying a solid foundation for the development of a global fintech hub.
The action plan emphasizes encouraging financial infrastructure providers, financial institutions, and fintech companies to actively participate in the construction of Shanghai's public AI computing power service platform. By fully utilizing platform infrastructure resources and rationally deploying computing power, the plan aims to further enhance fintech's computing power support capabilities. The plan also proposes leveraging the Shanghai Large Model Data Alliance to engage in diverse collaborations, creating a Shanghai large model financial data database. This initiative aims to achieve high-quality supply of financial data, providing strong support for innovative applications of financial vertical large models.
Furthermore, the action plan explicitly supports financial infrastructure providers, financial institutions, and fintech companies in Shanghai to participate in the joint construction of Shanghai's urban blockchain infrastructure. Through cross-chain collaboration and other models, the plan aims to jointly explore innovative collaborations and create a batch of compliant and secure blockchain application benchmark scenarios in the financial field.
The Shanghai Municipal Government hopes that these measures will drive breakthrough progress in the construction of financial technology infrastructure, fostering a favorable ecosystem for fintech innovation and development. The government also aims to further enhance the competitiveness of the Shanghai Fintech Center, positioning it as a global leader in fintech development.
The issuance of this action plan signifies the Shanghai Municipal Government's high regard for the construction of financial technology infrastructure. With the government's policy support, the Shanghai fintech sector is expected to welcome new development opportunities, injecting new momentum into Shanghai's economic growth.
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