Wu Qing, Chairman of the China Securities Regulatory Commission: Industry organizations must steadily explore and promote the layout and application of artificial intelligence, big data, blockchain and other technologies in the capital market

According to Foresight News, Wu Qing, Chairman of the China Securities Regulatory Commission, said at the Eighth Member Conference of the Securities Association of China on December 6 that financial technology innovation is currently in the ascendant and is profoundly changing or even reshaping the financial market ecology. Industry organizations must be good at thinking about, responding to, and seeking change, actively research, steadily explore, and promote the layout and application of artificial intelligence, big data, blockchain and other technologies in the capital market. He said that the China Securities Regulatory Commission will work with industry associations to smooth the mechanism for innovation pilot work in the securities industry, enrich application scenarios such as regulatory sandboxes, and at the same time improve the monitoring, supervision and risk response mechanisms for financial innovation activities.

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