On February 4, Zhang Yantong, member of Party Group and Vice Chairman of the Counsellors’ Office of the State Council (COSC), led a delegation to attend the 2022 China (Shenzhen) FinTech Global Summit held in Shenzhen and made an inspection of the operation of key enterprises and the work and production resumption in the city.

In order to thoroughly implement the strategy of stepping up innovation-driven development proposed at the 20th CPC National Congress and to promote high-quality development, the COSC Research Center, the Counsellors’ Office of Guangdong Provincial People’s Government and Shenzhen Municipal Financial Regulatory Bureau jointly organized the 2022 China (Shenzhen) FinTech Global Summit, bringing together many experts and scholars from home and abroad to share insights, pool wisdom and make proposals on giving full play to the important role of financial technology in supporting the real economy, guarding against financial risks and deepening financial reform.

Zhang Yantong addressed 2022 China (Shenzhen) Fintech Global Summit

At the Summit, Zhang Yantong pointed out in his opening speech that the 20th CPC National Congress called for speeding up the development of digital economy and promoting the deep integration of the digital economy and real economy. As technology-driven financial innovation, FinTech is not only a source of strength for deepening the financial supply-side structural reform, but also an important tool for boosting the development of digital China and promoting finance to bring benefits to businesses and people. On the new journey of the new era, Shenzhen is expected to closely focus on its strategic positioning as a pilot demonstration area of socialism with Chinese characteristics, promote reform and opening up from a higher starting point, at a higher level and with higher objectives, and explore more replicable and beneficial experiences that can be popularized in leading the new types of financial business with FinTech innovation and mobilizing financial resources to better support the development of the real economy.

Experts and scholars attending the Summit communicated with each other frankly, exchanged ideas, shared experience, and actively expressed their views and elaborated their opinions for building a good environment for the development of the digital economy and promoting more resilient global development.

The delegation led by Zhang Yantong visited Yantian International Container Terminals Limited for investigation

In order to learn the progress in work and production resumption and operation of enterprises after China’s epidemic prevention and control entered a new phase, Zhang led a team to visit Yantian International Container Terminals Limited, BYD Company Limited and other enterprises for investigation. At Yantian International Container Terminals, the investigation team gained an in-depth understanding of the port’s global business presence and its efforts in promoting the building of the Guangdong-Hong Kong-Macao Greater Bay Area and the sustained optimization of China’s foreign trade structure. At BYD, the investigation team and BYD’s executives conducted in-depth discussions on the innovative development of the new energy vehicle (NEV) industry, breakthroughs in key and core technologies, and the enhancement of international competitiveness. The investigation team also listened carefully to the difficulties and problems faced by the development of China’s shipping industry and NEV industry, as well as the opinions and suggestions on improving the resilience and safety of industry and supply chains.

The investigation team held a workshop at BYD Company Limited

Related personnel participating in the relevant activities include Zeng Pai, member of the Standing Committee of CPC Shenzhen Municipal Committee, Zhang Chunxin, Chairman of the Counsellors’ Office of Guangdong Provincial People’s Government, Wang Jing, Director General of the Department of the International Exchanges and Cooperation of COSC, Ji Min, Chairman of the Counsellors’ Office of the People’s Bank of China and some counsellors in the province.