每一款具备长期发展潜力的数字资产，都离不开清晰且宏大的生态愿景，ZDS的诞生，并非只为打造一 款数字股票产品，而是旨在依托区块链技术与多元金融交易生态的深度融合，打造一个全球领先、公平 透明、高效普惠、多方共赢的多元金融交易数字生态共同体，让全球用户都能以低门槛参与多元金融交 易，共享金融数字化的时代红利，推动全球金融交易市场的数字化、普惠化发展。这一生态愿景，既是 ZDS的发展方向，也是ZDS生态所有参与者的共同追求。 第三，以生态为核心是ZDS实现生态愿景的核心路径，ZDS生态并非单一的数字资产或交易平台，而是 一个涵盖交易、资产、推广、服务的完整多元金融交易数字生态。在交易层面，平台涵盖外汇、原油、 贵金属、加密货币、股票指数等上百种交易品种，为用户提供一站式的多元金融交易服务；在资产层 面，ZDS与ZDU双代币体系构建起完善的资产价值体系，为用户提供了全新的金融资产选择；在推广层 面，普惠式的推广奖励机制，激励全球用户积极推广生态，推动生态的规模化发展；在服务层面，ZDS 生态将打造专业的客服、风控、技术服务团队，为全球用户提供7*24小时的全方位服务，提升用户的生 态参与体验。通过完善的生态布局，Z ...

文/中国人民银行科技司相关课题组 金融数字化、智能化背景下提升央行履职能力应以建设强大的中央银行为 目标，以数字央行建设为抓手，以运用数字化智能化手段提升央行履职能 力为主线，为建设具有高度适应性、竞争力、普惠性的中国特色现代金融 体系贡献科技力量。 金融信息化事业加速迈进数字化智能化新阶段 金融业是典型的技术密集型和创新驱动型行业。一部金融发展史，也是一部金融与科技不断融合创新的演进史。改革开放以来，随着信息技术持续迭代发 展，我国金融信息化事业已先后历经电子化、网络化阶段，为迈进数字化、智能化新阶段奠定坚实基础。金融电子化阶段，我国金融业主要依托电子计算 机、卫星通讯网络等技术，实现金融业务"从手工到电子、从单机到联网"的历史性突破，行业整体电子化、自动化水平显著提升。金融网络化阶段，我国 金融业运用互联网、移动通信、数据库等技术，将传统金融业务迁移至互联网和移动终端，推动金融数据集中和信息系统互联互通，支撑央行履职的国 库、支付、征信、反洗钱、会计核算等信息化基础设施体系逐步建立健全，金融服务和管理信息化水平实现全面跃升。 近年来，随着新一轮科技革命和产业变革深入发展，人工智能、大数据、云计算、区块链、 ...

Core Viewpoint - Huishang Bank celebrates its 20th anniversary, highlighting its commitment to serving the public and supporting local economic development through reform and innovation [2][3]. Group 1: Company Growth and Achievements - Since its establishment in 2005, Huishang Bank has grown significantly, with assets, deposits, and loans increasing over 45 times, 28 times, and 35 times respectively [3]. - The bank has over 21.5 million personal customers and has seen a 9.1-fold increase in scale, contributing to Anhui's economic growth [3]. - Huishang Bank's loans in Anhui have surpassed 1 trillion yuan, supporting the province's status as an "economic powerhouse" [3]. - The bank has provided over 210 billion yuan in technology loans and over 160 billion yuan in manufacturing loans, demonstrating its support for industrial upgrades [3]. - Green credit balances are nearly 160 billion yuan, and loans to private enterprises and small businesses exceed 255 billion yuan and 170 billion yuan respectively [3]. Group 2: Innovation and Reform - Huishang Bank emphasizes reform and innovation as key strategies, transitioning from traditional banking to a modern financial group [4]. - The bank has successfully launched a new core system and increased its technological investments, significantly enhancing its digital capabilities [4]. - It has improved its ranking in the global banking sector, now positioned at 101 among the world's top 1,000 banks [4]. Group 3: Regional Development and Community Engagement - The Shenzhen branch of Huishang Bank has experienced rapid growth since its establishment in 2020, with total deposits and loans nearing 50 billion yuan [6]. - The branch has developed a diversified business model, integrating traditional banking with investment and wealth management services [6]. - It has received numerous awards for its contributions to local economic development and community service, enhancing its brand influence [7]. Group 4: Future Outlook - Moving forward, Huishang Bank aims to continue its commitment to national strategies and regional development, aspiring to become a leading modern commercial bank [8]. - The bank plans to maintain its focus on the political and public nature of financial work while fostering a spirit of innovation and integrity [8].

Core Viewpoint - The article emphasizes the importance of small and micro enterprises as vital components of the real economy, highlighting the proactive measures taken by the government and financial technology companies like Xiaoying Technology to support these businesses through innovative financial services and initiatives [2][3]. Group 1: Government Support and Financial Environment - The Chinese government has introduced various policies, including "Several Measures to Support Financing for Small and Micro Enterprises," to enhance the financing environment for these businesses, resulting in a 12.5% year-on-year increase in the balance of inclusive loans to small and micro enterprises, reaching 35.3 trillion yuan by the end of Q1 2025 [3]. - Xiaoying Technology has launched the "Be Your Own Light" annual support plan in 2025, which includes the "Small Store Shining Plan" and "User Lighting Plan," aimed at providing financial support to small and micro enterprises, having served over 9.5 million small business owners and individual entrepreneurs across 31 provinces and regions from January 2020 to October 2025 [3]. Group 2: Technological Innovation and Service Enhancement - The "Financial Technology Development Plan (2022-2025)" encourages the application of intelligent technology in finance, and Xiaoying Technology has introduced the virtual digital assistant WinDaidai in 2025, marking a new phase in optimizing user services [5]. - WinDaidai integrates advanced technologies such as AI voice synthesis, real-time rendering, and intent recognition, providing a comprehensive intelligent interaction experience for users [7]. - The design of WinDaidai reflects a blend of technology and human touch, featuring a 3D data light ring and a color scheme that symbolizes the combination of humanistic care and technological wisdom [8]. Group 3: Social Responsibility and Consumer Protection - Xiaoying Technology emphasizes the integration of industry, academia, and research to foster sustainable development in financial technology, exemplified by the establishment of a "Digital Finance Laboratory" in collaboration with Renmin University of China [9]. - The company prioritizes consumer rights protection, conducting educational activities that have reached approximately one million people to raise awareness about financial safety and risk prevention [9]. - In the realm of public welfare, Xiaoying Technology has established a rural campus library in Jiangxi, which houses 40,000 books, enhancing educational resources for local children and demonstrating the company's commitment to social responsibility [10]. Group 4: Future Outlook - Xiaoying Technology plans to continue aligning with government policies and focusing on user needs, aiming to enhance its digital partner services and further contribute to the high-quality development of the real economy [10].

Core Insights - The article emphasizes that mobile banking has evolved from being merely an online channel for financial services to a benchmark for assessing a bank's technological strength, user-centric thinking, and strategic foresight [1] - Postal Savings Bank of China (PSBC) has maintained the top position in user experience for mobile banking for three consecutive years, indicating its continuous evolution and responsiveness to user needs in the digital service sector [1][2] - The launch of the "AI2ALL" digital ecosystem and the mobile banking version 11.0 marks a significant transformation for PSBC, aiming to redefine digital financial services as a "smart partner" that understands user needs in the AI era [1][2] Digital Transformation - PSBC initiated a comprehensive reconstruction of its core system in 2022 to address service demands from its vast customer base, aiming to create a secure, agile, and self-controlled digital foundation [2] - The bank's digital strategy focuses on integrating AI applications across its operations, with plans for nearly 260 AI application scenarios to enhance customer service and operational management [2][3] Operational Efficiency - The bank has achieved a significant increase in its mobile banking user base, reaching 386 million personal mobile banking customers and nearly 86 million monthly active users as of June 2025 [4] - The operational model has shifted from one-way information push to a comprehensive customer engagement approach, enhancing user experience through a full-link intelligent operation system [7] Ecosystem Integration - PSBC has developed an ecological collaborative platform that allows for seamless integration of various financial services, providing a one-stop view for users to manage different types of benefits and services [8] - The bank's strategy includes creating localized service areas that cater to specific regional needs, enhancing the relevance of its offerings to everyday life [8] Service Innovation - The mobile banking version 11.0 introduces an AI-driven interaction model that simplifies complex financial operations into conversational commands, enhancing user experience [10][11] - The new version also features personalized service recommendations based on user behavior, aiming to make financial services more intuitive and accessible [11] Security Enhancements - Version 11.0 incorporates a multi-layered security system that includes a "social trust" dimension, allowing for collaborative protection against high-risk transactions [12] - New identity verification methods, such as voice verification through phone calls, have been introduced to strengthen account security [12]

Group 1 - The Chinese financial industry is at a historical crossroads, with significant achievements in financial supply-side structural reforms enhancing its ability to serve the real economy [1] - The "Five Major Articles" of financial services, including technology finance, green finance, inclusive finance, pension finance, and digital finance, have transitioned from policy frameworks to industry consensus and practical actions, forming a multi-layered and differentiated financial service system [1] - The new tasks for the financial sector include improving service quality, supporting innovation-driven development, promoting common prosperity, and maintaining financial stability [1] Group 2 - Leading financial institutions are pursuing excellence amidst challenges, expanding their service radius and enhancing competitive differentiation in response to intensified international trade competition and narrowing domestic interest margins [2] - Technological innovations, such as artificial intelligence and big data applications, are deepening financial digitalization, reducing operational costs, and improving service quality [2] - Financial institutions are focusing on national strategies like rural revitalization and regional coordinated development, implementing innovative practices such as rural digital inclusive finance and infrastructure financing [2] Group 3 - A case collection initiative has been launched to summarize innovative achievements and practices in the financial industry for 2025, aiming to identify exemplary financial institutions that maintain strategic focus and achieve high-quality development [3] - The initiative will employ rigorous standards and diverse perspectives for comprehensive evaluation, promoting industry exchange and collective progress [3] Group 4 - As the financial industry stands at the starting point of the "14th Five-Year Plan," it requires clearer thinking regarding macroeconomic transitions, profound changes in financial demand structure, and increasingly refined financial regulation [4] - Financial institutions need to find a new balance among strategic focus, risk management, and continuous technological innovation [4] - The direction for high-quality development in finance is clear, with expectations for more financial institutions to excel in the new journey of the "14th Five-Year Plan" and contribute to the narrative of Chinese modernization [4]

Group 1: Inflation and Economic Indicators - Pakistan's inflation rate rose by 6.2% year-on-year in October, consistent with government and market expectations, attributed to supply shocks from floods and the closure of the Pakistan-Afghanistan border [9] - The trade deficit for the first four months of the fiscal year reached $12.582 billion, a 38.04% increase from the previous year's $9.115 billion, with exports declining by 4.04% and imports rising by 15.13% [10] Group 2: Banking and Financial Services - The banking sector issued 2.58 trillion rupees in agricultural loans for the fiscal year 2024-2025, exceeding the annual target and reflecting a 16.3% increase from the previous fiscal year's 2.22 trillion rupees [10] - The State Bank of Pakistan launched a new digital investment platform named "InvestPak" to facilitate investment in government securities, allowing clients to open investor portfolios and participate in auctions digitally [11] Group 3: Digital Infrastructure and Remittances - Huawei and Transworld Associates successfully deployed Pakistan's first 400G optical network, covering 72 sites nationwide, marking a significant milestone in the country's digital infrastructure development [11] - Overseas remittances increased by 9.3% year-on-year to $12.96 billion in the first four months of the fiscal year 2025-2026, with October remittances reaching $3.42 billion, a growth of 11.9% [11] Group 4: Fiscal Performance - The fiscal situation improved in the first quarter of the fiscal year 2025-2026, with a budget surplus of 2.1 trillion rupees, approximately 1.6% of GDP, driven by total revenues of 6.2 trillion rupees against total expenditures of 4.1 trillion rupees [12]

Core Insights - The "Hong Kong FinTech Week × StartmeupHK Festival 2025" is being held from November 3 to 7, celebrating the 10th anniversary of both events, attracting over 37,000 participants from more than 100 economies, with over 800 speakers and 700 exhibitors [1] - Financial One Account, as a FinTech Partner, showcased AI-driven digital transformation solutions for financial institutions during the event [1] - Dr. Jin Xinming, CEO of Financial One Account Hong Kong, delivered a keynote speech on combating deepfake threats, emphasizing the inadequacy of traditional detection methods against rapidly evolving AI models [1] Company Overview - Financial One Account's anti-fraud strategy platform includes over 25 digital modules capable of in-depth analysis of AI-generated images, achieving a comprehensive defense rate of 99% against deepfake threats [2] - The company received significant interest in its AI-driven deepfake detection and electronic Know Your Customer (eKYC) solutions during the event [2] - As the sole window for financial technology output from Ping An Group, Financial One Account supports over 60% of banks in Hong Kong, providing innovative solutions such as enhanced eKYC platforms and deepfake detection technology [2] Industry Outlook - The digitalization process in the financial industry is expected to accelerate, with security remaining a foundational element [2] - Financial One Account aims to collaborate with partners to create a safer and smarter financial ecosystem [2]

Core Points - The 2025 Financial Street Forum Annual Conference will be held from October 27 to 30 in Beijing, focusing on "Global Financial Development under Innovation, Transformation, and Restructuring" with over 400 key guests from more than 30 countries and regions attending [2] - The main forum will include seven thematic activities, with the opening ceremony scheduled for the afternoon of October 27 and the closing ceremony on the afternoon of October 30 [2] - Key leaders from national financial management departments, including the Governor of the People's Bank of China, will deliver keynote speeches during the opening ceremony, and a series of financial policies will be announced during the conference [2][6] - The conference will unveil several important institutions, sign international cooperation memorandums, and launch representative projects and reports in areas such as financial technology, green development, and industrial finance [2] Group 1: People's Bank of China Activities - The People's Bank of China will host a main forum titled "International Financial Governance and Cooperation under Changing Circumstances" and a Fintech Forum, releasing a series of financial standards during the event [4][9] - The main forum will invite representatives from various central banks and important financial institutions to discuss global financial governance [8] - The Fintech Forum will focus on the digital and intelligent transformation of finance, showcasing successful experiences and promoting industry exchanges [9] Group 2: Financial Regulatory Administration Activities - The Financial Regulatory Administration will hold the 2025 International Advisory Committee Meeting, focusing on financial risks and regulatory challenges in a fragmented global economy [13] - The China-Europe Insurance Innovation Forum will discuss topics such as insurance model classification and green insurance development [14] - A forum on "Safe Development and Application of Artificial Intelligence to Support High-Quality Digital Finance" will explore AI applications in finance [14] Group 3: China Securities Regulatory Commission Activities - The China Securities Regulatory Commission will hold its International Advisory Committee Meeting for the first time during the forum, focusing on promoting high-quality development of capital markets [18] - A parallel forum hosted by the Beijing Stock Exchange will discuss technology innovation and financial services in the context of global economic restructuring [18] - The Capital Market Fintech Forum will emphasize AI's role in driving the digital transformation of capital markets [19] Group 4: State Administration of Foreign Exchange Activities - The State Administration of Foreign Exchange will host a special event and closing ceremony on October 30, focusing on "International Economic and Trade Resilience Cooperation under Global Changes" [21][24] - The event will feature discussions on global investment patterns and the role of central banks in the new global landscape [23][24] - The administration aims to enhance trade cooperation resilience and promote investment in advanced manufacturing, digital technology, and green energy [24]

Core Viewpoint - The 2025 Financial Street Forum will feature significant participation from the People's Bank of China (PBOC) and aims to address international financial governance and cooperation, as well as the role of financial technology in the digital transformation of finance [1][2][3] Group 1: Forum Details - The main forum titled "International Financial Governance and Cooperation in Changing Circumstances" will include key speakers from various central banks and financial institutions, emphasizing the PBOC's perspective on global financial governance [2] - A Financial Technology Forum will focus on "Deepening the Use of Financial Technology to Promote Digital and Intelligent Transformation," featuring multiple activities such as keynote speeches, expert dialogues, and project exchanges to enhance the financial sector's technological capabilities [2] Group 2: PBOC Initiatives - The PBOC plans to release a series of financial standards during the forum and will participate in several other events, including the 2025 China-Arab Investment Cooperation Forum and discussions on financial innovation for the high-quality development of the private economy [3] - The PBOC is committed to thorough preparations for the forum, aiming to deliver a fruitful and cooperative high-quality event [3]