Shen Guojun attends the bi weekly consultation forum of the Chinese People's Political Consultative Conference and proposes artificial intelligence to prevent financial risks

On April 20th, the first biweekly consultation symposium of the 13th National Committee of the Chinese People's Political Consultative Conference was held in Beijing. Wang Yang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chairman of the National Committee of the Chinese People's Political Consultative Conference, presided over the meeting and delivered a speech. Shen Guojun, member of the 13th National Committee of the Chinese People's Political Consultative Conference and founder and chairman of Intime Group, was invited to attend the symposium and provide suggestions on the role and significance of new technologies such as artificial intelligence in preventing and resolving financial risks.

Chairman Wang Yang emphasized that the biweekly consultation forum is an important platform for members to regularly exchange ideas with relevant central departments, and is an important way for members to provide suggestions and support for politics. We should inherit the beneficial experience of previous symposiums, adapt to the new requirements of the new era, continuously improve the quality, level, and effectiveness of symposiums, and better leverage the advantages and role of CPPCC consultative democracy.

The theme of this symposium is "The Development and Countermeasures of Artificial Intelligence". The attending committee members, experts and scholars discussed their views on the development of artificial intelligence from the macro situation, technological innovation, industrial development, talent team building, as well as regulatory ethics and social concerns, based on their own practices, and put forward opinions and suggestions.

Shen Guojun has always been concerned about the innovation and development of smart finance. Together with entrepreneurs such as Jack Ma, he initiated the establishment of an online commercial bank and invested in 51 credit cards and Xiao Ying Wealth Management. Yintai Group also established a company engaged in financing leasing and non-performing asset disposal, actively exploring how to rely on new technologies such as big data and artificial intelligence to establish an intelligent financial risk warning and prevention system.  

At the same time, Shen Guojun also served as the Executive President of the Zhejiang Chamber of Commerce and the President of the Ningbo Chamber of Commerce. After careful research and combining with the actual situation of the enterprise, Shen Guojun made wonderful speeches at the meeting from four aspects: "the application of artificial intelligence technology in the financial industry, the role of artificial intelligence technology in preventing and controlling financial risks, the main problems and thoughts and suggestions currently existing".

Shen Guojun combines his experience in financial industry operation and observation of industry development to propose that the financial industry, as a highly data-driven industry, is one of the best application industries for artificial intelligence. However, due to the complexity of regulatory targets, financial risk contagion has become the norm, and the complexity of financial risks is increasing year by year. In this regard, Shen Guojun put forward his own suggestions, expressing the hope that the government will take the lead, coordinate various stakeholders, accelerate the research and development of key technologies for intelligent finance, gradually promote the establishment of an intelligent financial big data system, and achieve massive data sharing and effective supervision. Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference, Wan Gang, delivered a keynote speech at the meeting. Vice Chairmen of the National Committee of the Chinese People's Political Consultative Conference, Zhang Qingli, Xia Baolong, and Liu Xincheng, attended the symposium. Officials from the National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry and Information Technology, Chinese Academy of Sciences, and China Association for Science and Technology made on-site exchanges and responses.