Recently, the People's Bank of China issued the "Financial Science and Technology Development Plan (2022-2025)" (hereinafter referred to as the "Plan"). The "Plan" is formulated based on the "The Fourteenth Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Long-term Goals for 2035", puts forward guiding opinions on the development of financial science and technology in the new era, and clarifies the overall ideas, development goals, and priorities of financial digital transformation. Mission and implementation assurance.

The "Plan" emphasizes that we must be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the spirit of the 19th National Congress of the Communist Party of China and all 19th Plenary Sessions, adhere to innovation-driven development, adhere to the original intention of serving the people, earnestly fulfill the mission of serving the real economy, and high-level Promote the digital transformation of finance with quality, improve the modern financial system that adapts to the development of the digital economy, and contribute financial strength to building a new development pattern and achieving common prosperity.

The "Plan" points out that we must adhere to the development principles of "digital drive, intelligence for the people, green and low carbon, fair and inclusive", based on strengthening the application of financial data elements, with the goal of deepening the financial supply-side structural reform, and accelerating the financial The digital transformation of institutions and the strengthening of prudent supervision of financial technology are the main threads, injecting digital elements into the entire process of financial services, integrating digital thinking throughout the entire chain of business operations, focusing on the technology drive and data empowerment of financial innovation, and promoting my country's financial technology from "pillars and beams" "Enter a new stage of "building momentum" in an all-round way, and strive to achieve a leap-forward improvement in overall level and core competitiveness by 2025.

The "Plan" proposes eight key tasks. The first is to strengthen financial technology governance, comprehensively shape digital capabilities, improve the financial technology ethical norm system with multi-party participation and collaborative governance, and build a digital ecosystem that promotes mutual promotion. The second is to comprehensively strengthen data capacity building, promote the orderly sharing and comprehensive application of data on the premise of ensuring security and privacy, fully activate the potential of data elements, and effectively improve the quality and efficiency of financial services. The third is to build a green high-availability data center, set up a safe and ubiquitous financial network, deploy an advanced and efficient computing power system, and further consolidate the "digital base" for financial innovation and development. The fourth is to deepen the financial application of digital technology, improve the system and mechanism for the application of scientific and technological achievements that attach equal importance to safety and efficiency, continue to strengthen the industrial ecology of open innovation and win-win cooperation, and open up the "last mile" of the transformation of scientific and technological achievements. The fifth is to improve a safe and efficient financial technology innovation system, build an integrated operation platform that integrates business, technology, and data, establish an intelligent risk control mechanism, and fully activate new momentum for digital operations. The sixth is to deepen the intelligent reconstruction of financial services, build diversified and integrated service channels, strive to create a barrier-free service system, and provide the people with more inclusive, green, and humane digital financial services. The seventh is to accelerate the all-round application of regulatory technology, strengthen the construction of digital regulatory capabilities, implement penetrating supervision of financial technology innovation, and build a strong risk firewall in finance and technology. Eighth, we must do a solid job in cultivating financial technology talents, continue to promote the construction of a standard rule system, strengthen the implementation of laws and regulations, and safeguard the steady and long-term development of financial technology.

The "Plan" requires all parties to strengthen organization and coordination, increase investment, and monitor and evaluate the implementation of the plan to ensure that all tasks are implemented and achieved results.