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What does CCB's new finance mean?
There is no unified definition of the concept of new finance, but it can be understood as using emerging technologies and business models to combine traditional financial services with digitalization and networking to create new financial application scenarios and models. CCB regards new finance as an important direction of future development, continuously expands the research and application in the field of financial technology, and builds a smart financial system through big data, artificial intelligence, cloud computing and other technical means to provide customers and society with more efficient, high-quality and convenient financial services.

The application of new finance is very extensive, such as intelligent risk control, data sharing, personalized recommendation, cross-border payment, blockchain and so on. CCB has made explorations and attempts in these fields to varying degrees. For example, in risk management, CCB uses big data, AI and other technologies to analyze and predict customers' credit and behavior, thus improving the efficiency and accuracy of lending and investment. In the application of blockchain, CCB has developed a number of applications such as digital bonds and supply chain finance. Through the decentralized characteristics of blockchain, the information asymmetry and trust cost in financial transactions are reduced, and the credibility and stability of financial services are improved.

The new finance has a far-reaching impact on the reform of the financial industry. As one of the four state-owned banks in China, CCB should actively seize the new financial development opportunities, speed up the related technical research and personnel training in the field of financial science and technology, and promote the digital, intelligent and service-oriented transformation of the financial industry. CCB should also actively cooperate with various fields, cross-border innovation, and expand new business models and application scenarios. I believe that in the future, the development and exploration of CCB in the new financial field will become more and more mature and perfect, and make greater contributions to the people and social and economic development.