The Dream Factory of China

Cutting-edge financial technologies （fintech） and their latest application scenarios adopted by the Qianhai Financial Holdings Co. Ltd. to promote the development of the financial industry in Qianhai were demonstrated to the audience at a parallel forum of the 2019 China (Shenzhen) Fintech Global Summit on Dec. 11.

Li Jianfeng, chairman of the board of supervisors of Qianhai Financial Holdings, said that Qianhai is a pilot demonstration window for the opening up of the national financial industry and a pilot area for cross-border RMB business innovations. At present, Qianhai is accelerating the application of emerging cutting-edge technologies and innovating traditional financial service models to attract domestic and foreign fintech companies to gather in Qianhai.

As an important promoter of Qianhai’s financial industry, Qianhai Financial Holdings has promoted the construction of a Shenzhen private equity fund information service platform, introduced the Tianhe-2 supercomputing resource and initiated the Qianhai Fintech Laboratory, aiming to build a research and development platform for new technologies, a fintech talent pool and an innovation project incubation and cultivation base in order to promote the development of the fintech industy in Qianhai.

Qianhai Financial Holdings has made great efforts to promote fintech projects to settle in Qianhai by accelerating the construction of physical carriers, fintech funds and scientific research infrastructure. The company has also introduced and established provincial and municipal high-end research carriers and joined hands with institutions to promote the transformation of scientific research results, undertake scientific research projects in the Greater Bay Area and assist Qianhai in implementing its innovation-driven development strategy.

Lu Yutong, director of the National Supercomputer Center in Guangzhou, said that the center began cooperating with Qianhai as early as this February to build a supporting platform for financial services that combines the advantages of the supercomputer and financial experts to provide investors with innovative portfolios.

At a press conference held Dec. 7, the Qianhai Cooperation Zone Authority and Southern University of Science and Technology signed a strategic cooperation agreement on the joint construction of Qianhai Fintech Research Institute to serve as a highland of theoretical fintech research, a fintech talent cultivation base and a platform for industry-university research cooperation and international exchange.

As the organizer and builder of the institute, Qianhai Financial Holdings will leverage its resource advantages in the financial industry and its financial innovation experiences to promote the deep integration of financial technology and industry-university research.