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The 2023 Central Committee Conference Emphasizes Five Major Chapters on Financial Development

In the pivotal year of 2023, the Central Financial Work Conference emphasized five key tasks for the development of the financial industry: technology finance, green finance, inclusive finance, pension finance, and digital finance. Among them, digital finance is not only the result of years of transformation from computerization and informatization to digitalization in the financial industry but has also been identified as the core focus for the development of the financial industry in 2024.
At the new stage of development, financial institutions are expected to continuously strengthen their capacity for digitalization. This requires them to not only complete their own digital transformation but also to help other industries undertake digital upgrades. The deep development and application of financial technology have become the intrinsic driving force behind the construction of digital finance.
At the same time, the advent of intelligent technology has been accelerated. Especially with the rise of generative AI technology, a new wave of artificial intelligence has been set off. The financial industry, with its complete data and technical foundation as well as rich business scenarios, has become a testing ground for the application of intelligent technologies. The exploration of big model technology applications has especially garnered widespread attention from financial institutions and practitioners, promoting “digital finance” to evolve from simple digitization to intelligent digitalization.
Against the backdrop of the intelligent digital age, a conference focused on comprehensive industry innovation will be held in Shanghai. The global fintech conference named FCon is scheduled to take place from August 16th to 17th, 2024, and is set to engage in in-depth discussions on technology-driven forces and the activation of the intrinsic power of future digital finance. The conference has invited many experts from various fields, including domestic and international financial institutions and fintech companies, to share their practical experiences and insights into the future.
It is particularly worth mentioning that Yang Qing has been confirmed to serve as the co-chair of the FCon conference. As the Executive Chairman of the Du Xiaoman Financial Technology Committee and General Manager of the Data Intelligence Application Department, Yang Qing has been involved in crafting the core algorithms of Du Xiaoman Financial’s intelligent engine since early 2018, deeply cultivating various technological fields. The achievements of his team have not only been recognized by multiple international conferences but have also won heavyweight technology awards.
Yang Qing’s team’s technology has been widely applied in the financial services process for millions of customers, ensuring the stability and security of operations. They have also focused on applying artificial intelligence technology to financial scenarios and successfully released a large-scale Chinese-language model named “Xuanyuan”, marking their achievements in the field of big language model technology, and open-sourced the related models, promoting further development in this field.
In the previous FCon conference, Yang Qing’s speech deeply analyzed the sustained impact of artificial intelligence in the financial industry and explored the challenges of the future by combining traditional and emerging technologies in the era of big models.

At this year’s conference, Teacher Yang Qing will present a comprehensive update of the Xiaoman large-scale model and delve into digital transformation, as well as topics related to the efficient linkage of traditional artificial intelligence with AI content generation (AIGC). Meanwhile, the conference will also showcase a series of special forums on financial digitization, covering innovative practices, application and benefits of large models, frontier explorations in fintech, digital management, digital marketing, data asset management, data circulation and compliance, strategies for domestic transformation, intelligent upgrades of IT architecture, construction of modern financial systems, cost-benefit analysis of digital practices, strategies for enhancing research and development efficiency, organizational transformation, and the cultivation of digital talents in various dimensions.

Currently, some forum producers have confirmed their participation, and the conference is actively soliciting speaking topics. Interested experts and industry professionals are welcome to submit topics for consideration.

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