Core Insights - The 2025 Shanghai Suhewan Conference highlighted the importance of technology and finance in China's economic development, with the "new economy" contributing 18% to GDP and the financial sector accounting for 8% [1] Group 1: Technological Impact on Finance - The financial industry is expected to undergo digitalization, intelligence, and scenario-based trends, leading to a more diverse range of financial activities and blurred boundaries between financial services and products [3][4] - A new wave of technological revolution is anticipated to create new financial business models, expanding the scope of financial services, as seen in historical shifts from metal currency to paper money and the rise of cross-border financial services [3][4] - The integration of technologies such as AI, big data, and cloud computing is reshaping the financial service landscape, necessitating collaboration between financial institutions and external tech companies [4] Group 2: Changing Consumer Behavior - Public financial consumption behaviors are increasingly characterized by online, platform-based, and scenario-driven interactions, leading to a complex interplay between financial and non-financial services [4][5] - The accumulation of high-frequency data from daily activities allows for precise analysis of customer financial needs, enabling a seamless transition from data processing to financial service provision [5] Group 3: Regulatory Recommendations - To address the challenges posed by technological advancements in finance, it is recommended to apply equal regulatory standards across similar financial activities and to maintain a focus on risk management [5]