The State Administration of Financial Supervision and Administration issued the “Implementation Plan for the High-Quality Development of Digital Finance in the Banking and Insurance Industry”. The plan states that the development of “artificial intelligence+finance” will be accelerated. Financial institutions that are in a position to do so are encouraged to strengthen the safe development and application of artificial intelligence, build enterprise-level artificial intelligence platforms, implement centralized management and operation of model requirements, implement centralized management and operation, evaluation and exit, etc., support systematic and platform-based services of algorithm models, and improve artificial intelligence modeling and safe application capabilities. Actively build an artificial intelligence development and application ecosystem in the financial field, and accelerate the formation of advantageous fields for financial applications.

The State Administration of Financial Supervision and Administration issued the “Implementation Plan for the High-Quality Development of Digital Finance in the Banking and Insurance Industry”. The plan states that the development of “artificial intelligence+finance” will be accelerated. Financial institutions that are in a position to do so are encouraged to strengthen the safe development and application of artificial intelligence, build enterprise-level artificial intelligence platforms, implement centralized management and operation of model requirements, implement centralized management and operation, evaluation and exit, etc., support systematic and platform-based services of algorithm models, and improve artificial intelligence modeling and safe application capabilities. Actively build an artificial intelligence development and application ecosystem in the financial field, and accelerate the formation of advantageous fields for financial applications.