The level of development is leading in the world! Beijing fintech has become a shining business card of the city

At present, Beijing is accelerating the construction of a benchmark city for the global digital economy, and cultivating a digital financial industry highland is one of the important construction goals.

The reporter learned from the series of publicity activities "Into the Capital Financial Institutions" recently held by the Municipal Financial Supervision Bureau that financial technology is the core foundation and key element of the development of the digital financial industry, and the development level of financial technology in Beijing is leading the world, laying a solid foundation for building a modern digital financial system in the capital and becoming a shining business card of the benchmark city of the global digital economy.

Create a global financial technology leader cluster

The Star Tower in the former zoo wholesale market area was transformed into a new power financial technology center, and was unveiled as the first starting building in the national Jinke New Area. Walking into the central hall, the white inner façade is simple and stylish, making people feel wide and smooth. Nowadays, this building has become the starting building of the core area of the "National Fintech Demonstration Zone", and has also become an important carrier for the landing of financial technology "national team", "unicorn" and "fresh force" enterprises.

Since the inauguration of Jinke New Area in 2018, the relief of non-capital functions has achieved remarkable results, many buildings have been upgraded and put into use, and the new power financial technology center has become a new landmark in Jinke New District, driving the surrounding area to form a rich financial technology ecological atmosphere.

Qianxin Group is the representative enterprise of this building, is a "unicorn" enterprise engaged in the field of network security, Li Jinbin, vice president of Qianxin, said: "The development of Qianxin is inseparable from the support of the district party committee and the district government, Jinke New District is the first national demonstration area with financial technology as the industry theme in China, and Qianxin's entry into Jinke New Area is a win-win situation, which can provide more comprehensive network security for financial technology and provide opportunities for the high-quality development of enterprises." ”

According to the "Development Plan for the National Fintech Demonstration Zone in the 14th Five-Year Plan Period of Xicheng District" released in October this year, Jinke New Area will strive to become a global financial technology leading enterprise gathering place, a new highland for global technology research and development and application scenarios, a source of global financial technology regulatory systems and institutional standards, and the first choice for the world's top innovative talents by 2025.

Beijing's financial technology resource endowment advantages are outstanding

The reporter learned that Beijing's financial technology resource endowment advantages are outstanding, with multiple advantages such as an inclusive financial regulatory environment, an innovative and orderly scientific and technological research and development system, an active and promising team of professional talents, a fair and efficient first-class business environment, and an inclusive two-way open pattern.

Specifically, Beijing is a national financial management center, where state regulatory authorities, the headquarters of large financial institutions, important financial industry associations, international financial institutions and international financial organizations gather, have the right to speak in international financial governance, and play an important role in promoting global financial reform and development.

Beijing is building an international science and technology innovation center, which is one of the regions with the highest concentration of innovation resources in the world, and the proportion of scientific and technological research and development investment in regional GDP has exceeded 6% for three consecutive years, ranking first in the global scientific research city selected by Nature magazine for three consecutive years.

There are nearly 900,000 college students in Beijing, and key universities such as Tsinghua and Peking University have set up financial technology research and development teams, with strong talent reserves. With more than 800,000 employees in the city's financial industry and more than 600,000 scientific and technological innovation enterprises, Beijing has become a leading gathering place for financial technology talents in the country and even in the world.

Beijing has fully implemented the requirements of optimizing the business environment in megacities, deepened the reform of "decentralization and management services", and ranked first in the national business environment assessment for two consecutive years, as a sample city of the World Bank's business environment assessment, it has made "Beijing contribution" to the substantial improvement of China's ranking.

Beijing is the center of international exchanges, and the capital's financial industry has seized the strategic opportunity of the construction of the national service industry expansion and opening up comprehensive demonstration zone and the "two zones" of the free trade pilot zone, and built a global financial opening highland with the most complete categories, the widest field and the most complete system.

Beijing ranks first in the global fintech hub

The highly consistent third-party evaluation highlights the strong strength of Beijing FinTech. According to the "China Fintech Combustion Index Report", based on the comprehensive evaluation of factor foundation, intellectual support, resource environment, enterprise strength, etc., Beijing ranks first in the ranking of China's fintech burning index cities; the "Global Fintech Hub Report 2021" shows that based on the comprehensive analysis of industries, policies, regulations, institutions, brands, etc., Beijing ranks first in the global fintech center city ranking for three consecutive years.

Why has Beijing become a global fintech innovation hub? This is inseparable from the joint help of ecological leadership, research and development frontier, innovation highland, rule supply, international brand and other factors.

Municipal overall planning, urban linkage, the introduction of "one guiding opinion, one development plan" and "multiple action plans, multiple support measures" combined document package, to build a financial technology healthy development policy service "pyramid". With the state-level Jinke New Area and Lize Digital Finance Demonstration Zone as the main position, the city simultaneously promotes the development of Shijingshan Bank Insurance Technology, Fangshan Financial Security and other formats, and creates a bearing highland for "one core, multiple points, characteristic development" financial technology and digital financial innovation demonstrations.

The city has also built the Beijing Fintech Research Institute, the Beijing Liyan Institute of Finance and Development, and the Beijing Frontier Financial Regulatory Technology Research Institute, and carried out cross-domain cooperation with new research and development institutions such as the Zhiyuan Artificial Intelligence Research Institute, the Microchip Blockchain Research Institute, and the Yanqi Lake Applied Mathematics Research Institute to jointly tackle the underlying technology, general technology and regulatory technology of financial technology. The city has established a financial technology application scenario release mechanism, encouraged licensed institutions to open up the needs of financial scenes, supported technology leaders to actively dock, and created financial technology application scenarios and developed digital financial solutions for traditional financial pain points, blockages, and blind spots.

The city also actively undertakes the national financial pilot task, taking the lead in launching the financial technology innovation supervision pilot in the country, and has released 3 batches of 22 pilot projects, of which 3 have taken the lead in completing the whole process of testing and smoothly "out of the box". Taking the lead in launching the capital market fintech innovation pilot, the first batch of 16 pilot projects have been announced to the public that they will soon be "put into the box". Carry out the world's first batch of digital yuan pilot applications, organize pilot test activities around the whole scenario of the Beijing Winter Olympics, and carry out the first batch of pilots for comprehensive application of financial data and the pilot construction of blockchain construction in regional equity markets in the first batch of countries.

In addition, Beijing has built a "source" for the digital financial governance system, national-level important financial infrastructure has been landed in Beijing, the function of the Beijing National Financial Management Center has been continuously strengthened and improved, and the role of the "three platforms" of the Service Trade Fair, the Zhongguancun Forum and the Financial Street Forum has been given full play, a series of high-end seminars and exchange activities have been held, and actively integrated into the global financial innovation network, and strive to become a financial technology innovation center with global influence.

Image source: North Evening New Vision