主题讨论九 人工智能时代下的数字金融 中国证券监督管理委员会原主席 5月17日-18日 2025清华五道口全球金融论坛 于深圳盛大召开 汇聚国内外金融界 领袖、学者及行业精英 浓缩思维干货 定位思维坐标 主题九：人工智能时代下的数字金融 主题十：全球资本市场展望与发展 这两场的嘉宾金句干货已打包完毕 快查收↓↓↓ 肖钢 张健华 清华大学五道口金融学院 金融发展与监管科技研究中心主任 莫万贵 中国人民银行金融研究所副所长 李振华 蚂蚁集团研究院院长 张鹏 北京智谱华章科技股份有限公司CEO 王正位 全球资本市场展望与发展 梁定邦 香港执业资深大律师 香港证券及期货事务监察委员会前主席 张慎峰 清华大学五道口金融学院副院长、副教授 主题讨论十 中国国际贸易促进委员会原副会长 聂庆平 中国证券金融股份有限公司原董事长 邓肯・邦菲尔德 国家主权财富基金国际论坛CEO 编辑丨兰银帆 来源丨清华五道口 审核 | 王晗 王娴 清华大学国家金融研究院副院长 清华大学五道口金融学院上市公司研究中心主任 ...

2025清华五道口全球金融论坛于5月17—18日在深圳举办。在"人工智能时代下的数字金融"主题讨论环节，中国证券监督管理委员会原主席肖钢，围绕2025 年一季度我国数字经济与数字金融发展情况发表主旨报告。 极目新闻记者 何佳仪 数字金融发展方面，一季度DeepSeek等大模型的应用成为重要突破，"通过不断应用以DeepSeek为代表的各种AI大模型，金融机构进一步创新了数字金融发 展生态，也提高了金融效率和客户体验。"肖钢表示。此外，金融机构科技投入更注重效益，银行业增速放缓但讲究投入产出比，证券业投资强度居首；金 融数据市场建设深化，机构探索数据空间基础设施建设以激活数据要素价值。 政策展望方面，肖钢指出需从三方面破解数字经济发展存在的堵点：一是完善数字经济产业生态，推动传统产业转型，培育"科技、产业、金融"三者良性循 环，破除数字经济消费约束；二是构建生成式 AI 金融应用治理闭环，严格执行AI算法备案制度，细化场景细则，防范技术滥用风险；三是建设高质量金融 数据市场，探索数据要素权属、定价等机制，构建可信数据空间，平衡数据利用与隐私安全。 （来源：极目新闻） 肖钢指出，数字经济发展方面，一季度核心产业增 ...

Group 1: Core Business Focus - The company actively engages in serving the real economy and national strategies, continuously seeking innovation and development to better serve the real economy and facilitate the public [1][2] - The company has served over 10,000 industrial clients by the end of 2024, achieving a hedging amount of over 900 billion yuan and facilitating over 100 billion yuan in transactions through off-exchange derivatives and spot business [2] Group 2: Rural Revitalization Efforts - The company promotes the "insurance + futures" model to provide price protection for agricultural entities, having conducted 409 projects since 2016 with compensation exceeding 300 million yuan and additional funding of over 15 million yuan [3] - The company aims to upgrade from "blood transfusion" assistance to "blood production" assistance, creating a positive cycle between financial resources and rural development [3] Group 3: Digital Transformation and Technology - The company has developed the first "AI + futures risk control" real-time intelligent platform in the industry, enhancing risk management capabilities and improving service efficiency [4] - The platform covers six major risk control scenarios, helping clients transition from manual to technological risk management, thereby safeguarding investor interests [4] Group 4: Corporate Culture and Innovation - The company emphasizes a corporate culture based on integrity, prudence, and innovation, aiming to enhance professional quality and behavior norms among employees [5] - The mascot "Xin Xiaolu" is utilized to promote corporate culture through various channels, effectively enhancing cultural recognition and spreading the company's values [6]

Core Insights - The Central Political Bureau meeting on April 25 signaled a strong commitment to accelerate the implementation of "AI+" initiatives and develop emerging pillar industries [1] - An event focused on the integration of artificial intelligence and modern finance took place in Guangzhou, gathering over 200 representatives from various sectors to discuss development opportunities [1] Group 1: Industry Development - Guangzhou is intensifying efforts to create a highland for the integration of artificial intelligence and finance, welcoming diverse resources to participate and share development benefits [2] - Approximately 1,800 AI companies are currently based in Guangzhou, covering foundational, technical, and application levels, while the financial sector has become the city's third-largest pillar industry, with a projected value-added of over 300 billion yuan in 2024, accounting for nearly 10% of GDP [2] - The city has issued a "Digital Finance Twenty Articles" policy to comprehensively empower the digital finance industry, establishing national-level fintech innovation pilot projects and fostering a complete digital finance ecosystem [2] Group 2: Strategic Collaborations - The event catalyzed significant collaborations, including the launch of the "Kunpeng Ascend Computing Power Base Joint Innovation Plan" between Guangzhou Bank and Huawei, aimed at setting benchmarks in the fintech sector [4] - A partnership was formed between the Guangzhou Financial Risk Monitoring and Prevention Center and Mido Technology to create a "Human-Machine Collaborative Financial Public Opinion Risk Mining Platform," utilizing multimodal data intelligence for financial risk prevention [4] - Guangdong Huaxing Bank signed an "AI+Finance Strategic Cooperation Agreement" with Qifu Digital Technology, focusing on high-quality development in digital finance through AI applications in various operational areas [4]

Core Insights - CompoSecure, Inc. has integrated its Arculus Cold Storage Wallet with MoneyGram Access, allowing users to convert cash into USDC at participating locations [1][2] - This integration is the first of its kind, enabling seamless conversion of physical cash into digital currency on the Stellar blockchain [2][3] - The partnership aims to provide financial services to unbanked individuals, enhancing their access to digital finance [3][4] Company Overview - CompoSecure is a leader in metal payment cards and security solutions, founded in 2000, and focuses on delivering secure and user-friendly financial solutions [8] - MoneyGram operates in over 200 countries, processing more than $200 billion annually, and aims to make digital currencies accessible to cash-dependent populations [10] - The Stellar network facilitates low-cost cross-border transactions and aims to enhance global financial inclusion [11] Technological Innovations - The Arculus wallet allows users to manage their digital dollars securely and autonomously, bridging the gap between digital assets and traditional commerce [6][7] - The integration supports payments via smart contracts, enabling stablecoin holders to transact at any point-of-sale that accepts Visa or Mastercard [4][5] - The Stellar Development Foundation has awarded a grant to support the development of smart contracts for seamless payments from self-custody wallets [4]

Core Viewpoint - The article emphasizes the importance of financial support, monetary and fiscal policies, and government reforms in achieving sustainable development goals, highlighting their feasibility and expected positive effects [1][15]. Financial Support Policy Framework - The policy framework focuses on innovative tools and structural optimization to support sustainable development [2]. - Structural monetary policy tools, such as "swap convenience" and "repo increase re-lending," are expected to expand operations to over 300 billion yuan in 2025, targeting technology innovation, green transformation, and support for small and micro enterprises [3]. Monetary Policy - The report advocates for a moderately loose monetary policy, with measures like interest rate cuts and reserve requirement ratio reductions to maintain liquidity and align social financing with economic growth [3][5]. - The expected outcome includes a more favorable financing environment for sustainable development projects, reducing costs and attracting investments in green energy and environmental protection [5]. Fiscal Policy - A more proactive fiscal policy is proposed, with a deficit rate set at 4% for 2025, increasing the deficit scale to 5.66 trillion yuan, which will support infrastructure investment and housing projects [6][8]. - Special bonds and local government bonds are emphasized to ensure funds are directed towards significant strategic areas, enhancing the effectiveness of fiscal spending [6][8]. Capital Market Reform - The report suggests deepening capital market reforms to attract long-term funds and optimize market ecology, including easing restrictions on social security and insurance funds in equity markets [4]. - The introduction of digital finance into the financial standard system aims to enhance resource allocation efficiency and guide capital towards high-value-added sectors [4]. Real Estate Financial Strategies - Strategies include lowering mortgage rates and down payment ratios to stabilize the real estate market, with a focus on preventing debt default risks [7][11]. - Investments in new urbanization and high-standard farmland construction are highlighted as crucial for sustainable development [7]. Reform and Market Dynamics - The report calls for breaking down institutional barriers and enhancing market vitality through reforms in tax collection and financial standards [10][12]. - Strengthening financial regulation and promoting a unified national market are essential for risk prevention and resource allocation efficiency [12]. Conclusion - The combination of financial support, policy coordination, and deepened reforms is positioned as a sustainable development pathway, with a focus on achieving a GDP growth target of 5% for 2025 and enhancing the contribution of green and digital industries to the economy [14][15].