Time：2017-12-09 15:46:12
CollectionOn December 9, 2017, the Annual Report on China’s Fintech Development(2017) and Annual Report on China’s Asset Securitization Development(2017) new book launching conference and financial technology development summit forum were successfully held in Beijing.
The theme of this conference is “Strengthening financial supervision and reshaping financial technology”, sponsored by the National Finance and Development Laboratory, and organized by the Social Science Literature Press. The co-organizer is the Beijing Blockchain Application Association and the academic support agency Tsinghua PBCSF. College Internet Finance Labs participate in creating. A total of more than 400 leaders and industry experts and scholars from regulatory agencies, banks, financial technology companies, consumer finance, internet finance, payment platforms, securities, insurance, investment and financing institutions attended the conference. Zeng Hui, head of the Credit Department of the People’s Bank of China’s Financial Markets Division, attended the conference and delivered a wonderful speech.
Zeng Hui, Director of Credit Department of the People’s Bank of China’s Financial Markets Department, gave a speech.
Director Zeng Hui stated that under the background of China’s socialism entering a new era, as the economic structure is steadily adjusted and interest rate marketization is accelerating, as an innovative means to expand the “width” of the financial system, standardized asset securitization can revitalize stocks. Assets, optimizing resource allocation, and directing funds to key areas and weak links are of great significance for better service of the real economy and prevention and control of financial risks.
Since the first year of asset securitization in 2016, there has been an explosive growth in asset securitization in China, which has become an important part of China’s financial market. The market scale continues to grow and product innovation is changing with each passing day. Director Zeng Hui pointed out that the overall development trend of China’s asset securitization market is good, market demand is relatively strong, and the regulatory system and supporting system tend to be perfect, with improved standardization and transparency. In order to further promote the sustained and sound development of the asset securitization market, we must focus on the main structural reforms of the supply side, adhere to the direction of marketization, standardization, and transparency, “open the right path, block the evil path,” promote the unification of standards, and strengthen risk prevention. Do a good job well, and correctly and effectively play the role of asset securitization.
With the leadership and support of relevant leaders and experts of the People’s Bank of China, the first domestic blue-back book “Securities Securitization Development Report of China (2017)”was successfully launched. The book was edited by Ji Zhihong, Director of the Financial Market Department of the People’s Bank of China. Zhu Yedong, chairman of the Sinodata Co., Ltd and Beijing Blockchain Application Association, was the excutive editor. Bringing together the views and opinions of authoritative experts and scholars in the industry, it systematically describes the development, current situation, problems, and suggestions of China’s asset securitization market. While summarizing the development experience, the internal logic of the development of the asset securitization market was analyzed rationally and comprehensively, which provided a solid theoretical basis for the in-depth development of the asset securitization business and indicated the correct direction of development.
Beijing Blockchain Application Association
December 9, 2017
BBAA
Project Investment