[Photo/Nanfang Plus]

The Guangzhou Digital Finance Association held a ceremony and training activity to mark its relocation to the financial cluster zone in Tianhe district, Guangzhou on July 15.

The association's new office area also serves as a digital finance learning base that carries out digital finance training and boosts the development of digital finance in Guangzhou.

Xu Xiubin, deputy director of the Guangzhou Local Financial Supervision and Administration Bureau, delivered a speech at the ceremony. Xu introduced the development of Guangzhou's financial industry in the first quarter of this year as well as the supporting policies for fintech and supply chain finance.  

Having thought highly of the work of the Guangzhou Digital Finance Association since its establishment over the last year, Xu hoped that the digital finance training offered by the association would allow people from different areas to learn about digital finance, and help to promote in-depth discussions and communication.

Xu added that digital finance has been written as an independent chapter in the preparation of the "14th Five-Year Plan" for the development of Guangzhou's financial industry this year. This means Guangzhou has mapped out a top-level design for the innovative development of local digital finance, and strives to create a good business environment for digital finance development.

To date, the Guangzhou Digital Finance Association has over 70 member companies, and relying on its five specialized committees in fintech, supply chain finance, and financial standardization has brought together more than 80 experts and scholars from various fields. This achievement  provides significant intellectual support for the innovative development of the city’s digital finance.

Luo Yongzhong, deputy head of the People's Government of Tianhe District, welcomed the relocation of the association in Tianhe. The association can make full use of the favorable conditions, including the improved service system for technology finance in Tianhe, to increase research and the promotion of digital finance policies. It will also be able to hold high quality, branded and down-to-earth forums, salons, and training, Luo said.

Luo also hopes for the association to put more efforts into its digital finance learning base, promote the construction of the fintech industrial park in Tianhe, and create a strong digital finance development atmosphere.

Li Dan'er, former vice president of the Guangzhou Branch of the People's Bank of China, gave a wonderful lecture entitled "Digital and Intelligent Finance and the Development of Industrial and Supply Chain Finance", at the digital finance learning base.

The lecture mulled over how to reshape the supply chain financial service model under the trend of financial digitalization, and how digital technology can empower the deepening and extension of supply chain finance. It focused on supply chain finance, science and technology innovation, cross-border supply chain finance, and the realization path to the high-end of the global value chain.